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Middle East crisis live: Tehran says it will charge ships in strait of Hormuz after 60 days; US-Iran presidents sign peace deal

Chief Iranian negotiator says key waterway will ‘not return to prewar conditions’ after 60-day window; both sides sign memorandum of understanding extending truce

Natasha May continues from her last post:

Philippines president Ferdinand R Marcos Jr was also optimistic, saying the freedom of navigation returning to the Hormuz strait was “what we have been hoping for since the day after the war started”.

Because of the enormity of the problem, of the instability that this war has caused – it’s inevitable that it will take some time for us to adjust back to what will be the new normal.

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Jun 18, 2026 US-Israel war on Iran Iran Trump administration

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