A June 16, 2026 Japan Times report states that a U.S.-Iran deal to reopen the Strait of Hormuz is scheduled for signing on Friday, with a 60-day toll-free window and vessels already moving. Brent crude futures fell nearly 5 percent on the news, while the IMF indicated it remains on high alert for potential war impacts. The arrangement's durability and verification details remain unconfirmed beyond the cited reporting.