A June 15 report from Tokyo states that 38 Japanese-linked vessels remain stranded in the Strait of Hormuz after the U.S.-Israeli war with Iran began on February 28. U.S. President Donald Trump and Iran's deputy foreign minister announced an initial agreement to end the war and resume traffic, with formal signing scheduled for June 19 in Switzerland. Global oil prices fell 4 percent on Monday as the Strait, which carries roughly one-fifth of world oil and LNG supply, faces ongoing disruption.