US President Donald Trump indicated that a peace agreement with Iran is imminent, claiming there are 'no sticking points' left to resolve. This announcement coincided with Iran's decision to open the Strait of Hormuz, a crucial waterway for global oil transport, to commercial shipping. The developments follow a ceasefire in Lebanon, which is viewed as a significant step towards facilitating negotiations between the US and Iran. Trump emphasized that while the strait is now open for commercial vessels, the US blockade of Iran's ports will persist until a formal agreement is reached. Iran's Foreign Minister Abbas Araghchi confirmed the lifting of the blockade in line with the ceasefire, although military vessels remain restricted. The situation has led to a decline in oil prices, reflecting optimism for a diplomatic resolution. Meanwhile, tensions continue as Israel conducts military operations in Lebanon, asserting its right to target Hezbollah forces. Lebanon's President Joseph Aoun stated the country would not serve as a battleground for external conflicts, emphasizing a desire for lasting peace agreements.