Two key things that need to happen before Strait of Hormuz traffic can return to prewar levels

MarketWatch Thursday 18 June 2026, 12:00 UTC By Myra P. Saefong 1 min read

Key Points

The U.S. and Iran agreed to a framework for a peace deal that extends their cease-fire for another 60 days. Now, a series of practical steps are needed for traffic to pick back up through the shipping chokepoint.

Strait of Hormuz (LOCATION) U.S. (LOCATION) Iran (LOCATION)

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Two key things that need to happen before Strait of Hormuz traffic can return to prewar levels

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