TAKING STOCK What do Iran and the US gain from the deal?

The interim agreement between the United States and Iran effectively returns both sides to negotiations after a war that killed thousands, disrupted global energy supplies and rattled the US economy.

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Oil flows resume

A key provision reopens the Strait of Hormuz and ends the US blockade of Iranian ports, helping restore energy shipments through one of the world’s most important chokepoints.

The agreement provides for toll-free passage through Hormuz for 60 days, though future fees are not ruled out.