Market News: Iran to Begin Reopening the Strait of Hormuz as U.S. Lifts Blockade

BlockBeats News, May 6th, according to market sources, a U.S. proposal shows that Iran has pledged to suspend its nuclear enrichment activities. Iran will begin the process of restarting the Hormuz Strait as the U.S. lifts sanctions. Negotiations for a comprehensive nuclear deal with Iran will take place later. Iran is evaluating the U.S.'s proposed new end-of-war plan. (FXStreet)