Live Updates: Strait of Hormuz is 'fully open,' Trump says, following Iran's announcement

Key Points:

• President Donald Trump warned he may end the ceasefire with Iran by Wednesday if a long-term deal is not reached, while maintaining a naval blockade and threatening renewed bombing. He expressed optimism about ongoing negotiations and hinted at imminent positive developments.
• The U.S. Treasury extended a one-month pause on sanctions affecting Russian oil shipments to ease supply shortages linked to the Iran conflict, continuing a similar license from March.
• Trump confirmed no tolls would be imposed on ships passing through the Strait of Hormuz and emphasized that Iran must abandon its nuclear program, warning the U.S. would seize highly enriched uranium if no agreement is reached.
• The Strait of Hormuz has reopened for commercial shipping under an Iran-coordinated route during a fragile ceasefire between Israel and Lebanon, prompting a significant drop in oil prices and international responses including praise from Australia and Pakistan.
• U.S. Central Command reported successful enforcement of the Iranian port blockade with multiple ships turned back, while denying claims of food shortages on deployed naval vessels; meanwhile, Israel and Lebanon remain in a temporary ceasefire with ongoing tensions over Hezbollah.