The U. S. military lifted its naval blockade near the Strait of Hormuz after the U.
Source: [The Hill](https://thehill.com/policy/defense/5930649-iran-us-mou-ends-blockade/)
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Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.
Traffic through the Strait of Hormuz appeared to thin early on Friday, just a day after a burst of oil flows through the waterway as the US and Iran vowed to lift a dual blockade.
Developing story — details emerging. Check the source link for the latest updates.