LNG Tanker Heads for Hormuz Amid News of Reopening

A liquefied natural gas tanker has headed for the Strait of Hormuz, following an announcement by President Trump that he had struck a deal with Iran for the reopening of the chokepoint.

Itan confirmed the preliminary agreement.

The agreement is scheduled to be signed on Friday, with details yet to be revealed.

There will also be a 60-day ceasefire period until negotiations are completed on all conditions of the end of the war.

Iran has demanded and received commitment for an end to the war in Lebanon, an unfreeze of oil funds frozen by the U.S.…