US-Iran Near Breakthrough Deal? Strait of Hormuz Reopening Plan Signals Major De-Escalation

The United States and Iran are reportedly nearing a diplomatic breakthrough regarding the gradual reopening of the Strait of Hormuz, with a preliminary agreement proposed involving phased easing of the US naval blockade in exchange for Iran relaxing maritime restrictions. This could alleviate global energy supply disruptions and has led to a sharp drop in oil prices. However, Iran has not yet officially confirmed acceptance of the agreement.