US EditionIran declares Strait of Hormuz completely open to commercial traffic during Israel-Lebanon ceasefire
Iran said the waterway will stay open as long as the truce holds, easing pressure on global oil markets after prices fell more than 10%, analysts said.
- Iran declared the Strait of Hormuz open to commercial traffic during the Israel-Lebanon ceasefire.
- The Strait of Hormuz links the Gulf to the Arabian Sea and transports one-fifth of the world's oil and liquefied natural gas.
- The reopening caused oil prices to fall, with Brent crude dropping to $88 per barrel, and global markets rallied.
576 Articles
576 Articles
Iran opened the Strait of Hormuz to shipping for the duration of the ceasefire. There are still differences in negotiations between Iran and the United States.
Iran has declared the Strait of Ormuz “totally open” to commercial traffic after the entry into force of the ten-day truce between Israel and Lebanon. The announcement was made this Friday by the Iranian Foreign Minister, Abás Araqchi, who specified that navigation must take place on a coordinated route that runs through Iranian territorial waters. The measure is part of the ceasefire that has been in force between Iran and the United States sin…
Strait of Hormuz 'open to commercial vessels'
A 10-day ceasefire deal struck between Lebanon and Israel took effect on Friday, marking a critical step toward ending the broader United States-Iran conflict, as Tehran has insisted a Lebanon truce must be part of any comprehensive regional peace deal.
Iran reopens Strait of Hormuz, but threatens to close it again as the US maintains its blockade
Iran says it fully reopened the Strait of Hormuz to commercial vessels. But questions lingered Saturday about how much freedom ships actually had to transit the waterway as Tehran maintained its grip on who got through and threatened to close…
Iran Opens Strait Of Hormuz, That the US Had Already Re-opened… For Now
by Francis Kapper at CDN - President Donald Trump and Iranian Foreign Minister Seyed Abbas Araghchi announced Friday that the Strait of Hormuz was officially open. Trump took to Truth Social to thank the Iranians for opening the strait after previously claiming the U.S. was close to a deal to permanently end the conflict. Crude oil futures declined shorty after Iran … Click to read the rest HERE-> Iran Opens Strait Of Hormuz, That the US Had Al…
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