May 30, 2026
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3:42Now PlayingThe US has agreed to end its naval blockade around the Strait of Hormuz as a ceasefire with Iran holds, shifting the focus from military confrontation to diplomacy. However, major disputes remain unresolved, including sanctions, Iran’s nuclear programme, shipping security and control of the strategic waterway. While commercial traffic may gradually return, security risks and high insurance costs persist. The US is expected to maintain a strong military presence in the Gulf, meaning the Hormuz crisis is entering a diplomatic phase rather than ending altogether.
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