Traffic flows through Hormuz as US–Iran deal takes effect, but doubts linger as Khamenei warns talks will not be easy (opens original article in a new tab)

A US-Iran deal to end the war takes effect, allowing oil tankers through Hormuz and lifting the US blockade, but unresolved issues and ongoing Israeli attacks in Lebanon cast doubt on its stability.

• US and Iran sign deal to end war, lifting blockade and allowing oil tankers through Hormuz
• Iran's Khamenei warns upcoming nuclear talks will be difficult and US demands may be rejected
• Israel continues attacks in Lebanon, raising doubts about agreement's stability
• Deal includes 60-day window for nuclear talks and $300 billion reconstruction fund for Iran
• US Vice President Vance warns Israel to respect peace process and avoid actions against US ally
• Oil prices drop to lowest since March as Strait of Hormuz traffic resumes