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[INTERNATIONAL] · Iran, United States · 3 sources

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Iran Assumes Control of Hormuz Strait Following US Sanctions Relief

Iran announced that it will take definitive management of the strategic Hormuz Strait after the United States granted a temporary exemption from oil‑export sanctions and agreed to release frozen Iranian assets. In exchange, Tehran will allow United Nations inspectors back onto its territory and a direct crisis communication line between the two countries was established. The agreement emerged from a Swiss‑hosted diplomatic round, marking the first major concession by Washington in the ongoing US‑Iran talks.

The United States and Iran also signed a memorandum of cooperation last week, which analysts say could shift regional dynamics by reopening a vital maritime corridor for commercial shipping while reducing the risk of further escalation in the Middle East.