Svmuu reported that, according to Saudi media Alhadath and Al Arabiya, sources say the US and Iran have reached a consensus on a gradual reopening of the Strait of Hormuz in exchange for easing the maritime blockade. The situation for stranded vessels in the strait is expected to see a breakthrough in the coming hours. International oil prices have plummeted in short-term trading, with WTI crude oil falling over 3% intraday and Brent crude dropping nearly 3%. (Jin10)