Event Brief
US-Iran memorandum leads to Strait of Hormuz reopening
Filed: Jun 30, 2026 at 2:08 PM ET
Summary: A US-Iran memorandum coincides with the reopening of the Strait of Hormuz and lifting of the naval blockade.
WHO: Donald Trump
WHAT: The US President signed a memorandum of understanding with Iran and urged ships to let oil flow as the Strait of Hormuz reopened and the naval blockade was lifted.
WHEN: Jun 30, 2026 at 1:27 PM ET
WHERE: Persian Gulf
WHY: The memorandum of understanding with Iran and the resulting reopening of the Strait of Hormuz and lifting of the naval blockade.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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