Chokepoint Data · the Strait of Hormuz crisis

Trump and Pezeshkian sign Islamabad Memorandum ending war and blockades

2026-06-17 · diplomatic · major

The Islamabad Memorandum of Understanding was signed electronically by Trump and Iranian President Pezeshkian, extending the ceasefire by 60 days, committing the US to lift its blockade of Iranian ports, providing for a gradual toll-free reopening of the strait with a future Iran-Oman management regime, and setting a 60-day timeline for nuclear talks.

Brent next close -0.2% · +7 days -10.4% · transits 2.4 → 12.3 per day · barely moved — smaller than 92% of pre-crisis days

Attribution caveat: 3 other major event(s) sit inside this one's ±7-day window (2026-06-11 Iran's military orders complete closure of the Strait of Hormuz; 2026-06-14 US and Iran reach framework deal to end war and reopen Hormuz; 2026-06-20 Iran's military declares Hormuz closed again, citing Israeli MOU breaches), so the reaction is not cleanly separable.

Sources

Al Jazeera · The Hill

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Computed, not asserted — every number here is derived from public data: official EIA Brent closes via FRED, IMF PortWatch transit counts, Polymarket and Kalshi odds, and source-linked curated events. Method and caveats · Atom feed · llms.txt

https://chokepointdata.com/event/2026-06-17-trump-and-pezeshkian-sign-islamabad-memorandum-ending-war-an/