US begins lifting Naval blockade in Strait of Hormuz

The US is beginning to lift its Naval Blockade along the strait of Hormuz. President Donald Trump signed the U.S.-Iran memorandum of understanding aimed at ending the war. Naval ships were ordered to immediately leave the strait of Hormuz as soon as the signing of the Memorandum to effect. U.S. officials released some of the terms of the proposed 14-point agreement. Key provisions include: -Iran will destroy its enriched uranium -60-day toll-free transit through the Strait of Hormuz -Iran will resume oil sales -U.S. to help develop $300 billion rebuilding fund