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Event Brief

US-Iran memorandum leads to Strait of Hormuz reopening

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.

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