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Hormuz reopens, but Iran keeps the meter running

The news, distilled

Adrian Monck's avatar
Adrian Monck
Jun 19, 2026
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Trump signed a 14-point memorandum of understanding with Iran at Versailles, reopening the Strait of Hormuz and lifting the naval blockade. Tehran has already signalled it will charge maritime fees once the 60-day toll-free window expires — converting a wartime cl…

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