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Tentative relief as first tankers finally cross Strait of Hormuz

Summary by 7NEWS Australia
Trump’s memorandum for peace also called for the ‘permanent termination’ of the war in Lebanon but Vice President JD Vance has since taken aim at behaviour in the Middle East he said was ‘not acceptable’.

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The US-Iran interim agreement, under which the United States lifted its blockade of the Strait of Hormuz, has come into effect. This has begun the restoration of shipping traffic and the start of a 60-day negotiation period on Tehran's nuclear program. Meanwhile, Iran's Supreme Leader, Mojtaba Khamenei, has spoken. On Thursday, he announced that he approved the memorandum of understanding signed by the Iranian and American presidents, despite hi…

·Budapest, Hungary
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Portfolio broke the news in Budapest, Hungary on Thursday, June 18, 2026.
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