Maritime traffic through the Strait of Hormuz has resumed following an agreement between the US and Iran to lift naval blockades.Donald Trump and Masoud Pezeshkian signed a memorandum of understanding that mandates a 60-day toll-free period for merchant shipping.At least 77 vessels have transited the channel since the deal was announced, significantly easing tensions that began earlier this year.Negotiations regarding the future management of the waterway and regional nuclear issues are scheduled to continue throughout the grace period.