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The Strait of Hormuz reopened after a Memorandum of Understanding, signed by US President Donald Trump and his Iranian counterpart Masoud Pezeshkian to end the war, came into effect.
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Strait of Hormuz
Who
US President Donald Trump, Iranian counterpart Masoud Pezeshkian, Iran, US, Israel
What
The Strait of Hormuz reopened after a Memorandum of Understanding, signed by US President Donald Trump and his Iranian counterpart Masoud Pezeshkian to end the war, came into effect.
When
Fri, 19 Jun 2026 12:30:47 GMT · 1h 38m ago
Where
Strait of Hormuz ·
Why
The MoU was signed to end the war between the US and Iran, which had caused nearly four months of disruption to shipping.
The Frontline Impact
How this affects you
The reopening is expected to release approximately 93 million barrels of stranded non-Iranian crude and 72 million barrels of Iranian crude, easing bottlenecks for Gulf producers and allowing exports to Europe and Asia without costly detours, providing relief to global energy markets.
Story chain
2 events in this thread- Currently Reading1h 38m agoThe Strait of Hormuz reopened after a Memorandum of Understanding, signed by US President Donald Trump and his Iranian counterpart Masoud Pezeshkian to end the war, came into effect.
- Markets1h 38m agoThe Strait of Hormuz reopened after a Memorandum of Understanding (MoU) between US President Donald Trump and Iranian counterpart Masoud Pezeshkian came into effect, ending nearly four months of disruption.Open article