Iran sends tankers loaded with oil past US naval blockade

Strait of Hormuz may reopen on Friday, but oil prices could take 8 weeks to settle

At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade in the Strait of Hormuz in the first such outbound shipment in two months, as shipowners cautiously reposition ahead of a U.S.-Iran deal signing in Geneva on Friday.

NBC News reported that the IRGC has carried out the drone launches every night since the agreement was signed electronically.

The declaration of a ceasefire understanding between the United States and Iran has been predictably received with caution, suspicion, and understandable scepticism from some and a complete disregard from a few as well.