US Lifts Blockade of Iran's Seaports Following Memorandum of Understanding

This agreement marks a major de-escalation in US-Iran tensions and has immediate practical consequences for global oil markets and maritime commerce. The lifting of the blockade restores critical shipping routes through the Strait of Hormuz, which handles roughly 30% of world seaborne oil trade. For businesses, investors, and energy consumers, this signals reduced geopolitical risk, lower potential oil price volatility, and improved predictability in Middle Eastern operations—with tangible proof already demonstrated through the 12.5 million barrels transported since the agreement's signing.