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Sign InVice President Vance announced that Iran has agreed to reopen the Strait of Hormuz, marking a significant de-escalation in regional tensions. A senior Iranian official clarified that the reopening would occur in a 'controlled way' prior to the scheduled diplomatic meeting in Islamabad on April 10. However, operational stability is currently being tested as reports indicate that very few ships have actually passed through the Strait since the announcement. As part of the truce, the United States has committed to halting all planned military attacks, though President Trump described the ongoing atmosphere as "heated." This slow resumption of maritime traffic has kept global energy markets cautious, with Brent Oil and WTI maintaining a residual risk premium. Meanwhile, safe-haven assets like XAU/USD and Bitcoin continue to see stabilized volatility as the market awaits further confirmation of the truce's durability.