According to Al Jazeera, President Trump says ship traffic is moving through the Strait of Hormuz again—a critical waterway that handles roughly a fifth of the world's oil. The announcement coincides with plans for the US and Iran to sign an initial diplomatic deal Friday. An Iranian official has also proposed tolls for vessels passing through, a potential revenue arrangement that suggests a shift from blocking shipping to monetizing it. If the agreement holds, it could ease months of uncertainty in one of the world's most strategically vital shipping corridors.

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