Iran announced on Friday that it would open the Strait of Hormuz to commercial vessels during the ceasefire period. This decision follows the agreement between Israel and Lebanon to implement a 10-day ceasefire.As the 10-day Israel-Lebanon ceasefire agreement takes effect, the United States has indicated that the truce could potentially be extended.Israeli Prime Minister Benjamin Netanyahu expressed hope that this creates an opportunity for a 'historic agreement' with Lebanon. The Iran-backed Hezbollah has also stated it will abide by the ceasefire agreement, with the militant group demanding conditions that include halting attacks on Lebanese soil and the cessation of Israeli...