The ships will remain anchored in the Strait of Hormuz near Iran’s Larak Island on May 16, 2026. Photographer: Majid Saeedi/Getty Images June 15, 2026 9:44 am, EDT | Update: June 15, 2026 3:12 pm, EDT key takeaways: A US-Iran deal intended to reopen the Strait of Hormuz within days has been met with caution
Yeoman Bridge, a self-discharging bulk carrier, loads cargo at a potash berth in Teesside, UK (Ian Forsyth/Bloomberg) June 15, 2026 9:07 am, EDT key takeaways: An interim US-Iran agreement to reopen the Strait of Hormuz is unlikely to immediately restore fertilizer shipments as shipowners assess security conditions after months of conflict. Data shows that more
President Donald Trump, shown on June 11, indicated that Vice President J.D. Vance and Steve Witkoff, a special envoy, would represent him at any signing. (Jacqueline Martin/AP) June 12, 2026 9:04 am, EDT | Update: June 12, 2026 2:11 pm, EDT key takeaways: The United States and Iran moved closer to an interim peace deal