Blockade of Strait of Hormuz depletes oil reserves, and an MoU has been initiated to discuss a permanent end to the war.
1 report, 1 independent
Updated Jun 18
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What happened
Blockade of Strait of Hormuz depletes oil reserves, and an MoU has been initiated to discuss a permanent end to the war.
Who's involved
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
Related events
- An MOU has been reached aiming to end the war in the region, alongside efforts to restore safe passage for commercial vessels in the Hormuz Strait.
- An agreement has been reached ending the conflict and allowing oil flow through the Strait of Hormuz.
- The US and Iran signed an MoU on June 1st to reopen the Strait of Hormuz, impacting energy markets.
- Agreement reached to end war and open Strait of Hormuz, with Deputy Foreign Minister confirming details.
- An MoU has been reached linking a Gulf ceasefire to Israel ceasing Hezbollah attacks, which the Trump administration has hailed as a peace deal.