Israel's war with Hezbollah looms over planned U.S.-Iran deal signing

16m ago Mixed messaging over Strait of Hormuz Mixed messages about the status of the U.S. naval blockade of Iran's ports and vessels around the Strait of Hormuz, and uncertainty over the terms in the U.S.-Iran agreement, have kept tanker traffic to a minimum so far. On Sunday, President Trump announced an agreement had been reached with Iran and said in a Truth Social post that he would "authorize the immediate removal of the United States Naval blockade." He later said the strait would only reopen when the deal is signed on Friday, and a multilateral naval command, which includes the U.S., said Monday that the blockade was still in place. On Tuesday, however, a senior Iranian diplomat said the U.S. blockade had been lifted ahead of the planned signing ceremony, and CBS News has tracked at least four sanctioned Iranian-owned vessels, crossing the U.S. blockade line since Mr. Trump's announcement on Sunday. Major shipping companies have said they will only resume normal operations in the strait when details of the U.S.-Iran deal are clear, and they get assurances of safety in the vital shipping lanes. "Due to lack of details and a history of overly optimistic reassurances, we believe the security situation for the shipping industry remains volatile, and we still consider it very risky for ships to commence transits at this point," Jakob Larsen, head of safety and security at BIMCO, one of the largest international shipping associations, said Monday. …