60-day ceasefire begins as 12 million barrels of oil flow through Strait of Hormuz

WorldPolitics
19 Jun 2026 • 12:21 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

60-day ceasefire begins as 12 million barrels of oil flow through Strait of Hormuz

  • Vice President JD Vance said Thursday that the U.S. Navy has allowed more than a dozen ships to pass through to Iranian ports, lifting a blockade as part of the agreement to end the war.
  • Vance said over 12.5 million barrels of oil transited the shipping channel Wednesday night, marking the highest volume recorded since the conflict began in late February.
  • He also stated that the 60-day ceasefire period in which the US and Iran will lock into negotiations on Iran’s nuclear programme and a long-term peace deal started today.
  • By the end of the negotiations, he says, the US expects that Iran won’t have missiles that can threaten the entire world. He did not state specifically which arm the US expects Tehran to give up.
  • He added that Tehran would need to receive a lot of money in order to rebuild its nuclear programme and any flareups during the 60-day period will need to be managed via diplomacy, he says.

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