Trump backs down on Iran as Hormuz set to reopen after temporary deal (euronews.com)

• Resumption of Persian Gulf maritime traffic
• Temporary diplomatic de-escalation
• Stabilization of global energy corridors

"Shipping lanes in the Persian Gulf are reopening following a temporary diplomatic agreement between the US and Iran. The standoff over the Strait of Hormuz, a critical bottleneck for global energy markets, appears to have reached a short-term resolution."