In a significant development, the US military has officially lifted its naval blockade of Iranian ports and the Strait of Hormuz, marking a notable shift in relations between the two countries. This decision comes after Iranian Supreme Leader endorsed direct negotiations with the US and a ceasefire agreement was reached. As part of this deal, maritime traffic has resumed, with reports indicating that multiple oil tankers have begun crossing the Strait of Hormuz freely. The lifting of the blockade has allowed for smoother transit of goods and oil, evidenced by the successful movement of approximately 12.5 million barrels of oil in just one day. Amidst this, US officials and the military downplayed previous tolls from the blockade while expressing optimism about the potential for further negotiations. Observers are now closely watching the situation as tankers from Iran are seen exiting the previously restricted zone, signaling a cautious optimism in the region.