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So people will be paying tolls to Iran for passage during this two-week "ceasefire." Trump agreed to the "general framework" of a 10-point plan per Iran’s foreign minister:
Permanent end to hostilities (not a temporary ceasefire, not a pause)
End to Israeli strikes against Hezbollah in Lebanon
Reopen the Strait of Hormuz with a toll: roughly $2 million per ship. Revenue split with Oman. Iran's share goes to reconstruction.
Protocol for safe passage through the Strait (meaning Iran retains a governing role over the waterway)
Lifting of all sanctions
Reconstruction of infrastructure destroyed by US and Israeli attacks
Security guarantee that Iran will not be attacked again
End to all conflicts in the region (broader regional peace framework)
Unknown
Unknown
Oil prices immediately plummeted. WTI is down 21% already. Barak Ravid is reporting that the ceasefire is active as of right now. Meanwhile, missile alerts are active in Israel.
