An agreement to reopen the waterway would be followed by a complicated process of navigating a backlog of vessels stranded for nearly three months.

The United States military launched targeted airstrikes on southern Iran near the Strait of Hormuz on Monday. The strikes hit missile launch pads and naval vessels that American officials alleged were attempting to deploy maritime mines in the vital energy corridor.

Tensions are escalating again near the Strait of Hormuz after a ship anchored off the United Arab Emirates was seized and taken toward Iran and another was attacked and sank near the coast of Oman.

President’s claim is tempered by Pakistani PM’s hopes of hosting more talks ‘very soon’, and Iran’s Fars news agency saying strait of Hormuz will remain under Iranian control

Iran commits to clearing mines from the Strait of Hormuz within 30 days of a US peace deal. Bitcoin surged 3% and crypto markets added $75B on the news.

May 25 (Reuters) - The U.S. and Iran are discussing a plan to open the Strait of Hormuz about 30 days after the two countries reach a deal to end hostilities, the Nikkei newspaper reported on Monday citing a Middle East diplomatic source.

The United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, with the details and timelines to be worked out later,

Japan's Transport Minister Kaneko Yasushi says another vessel owned by a Japanese shipping company passed through the Strait of Hormuz on Monday.