Iran declares Strait of Hormuz open amid Middle East ceasefire
Iran's Foreign Minister Abbas Araghchi declared the strategic Strait of Hormuz 'completely open' for commercial vessels as long as Middle East ceasefire agreements remain in effect. The announcement made on Friday comes after Iran had effectively closed the waterway on February 28 following the US and Israel's military actions against Iran.
The Strait of Hormuz, through which approximately 20% of global oil trade passes, had been reopened as part of a two-week ceasefire between Iran and the US that began on April 8. US President Donald Trump welcomed the development, thanking Iran for declaring the narrow waterway 'FULLY OPEN AND READY FOR FULL PASSAGE.'
Iran's commitment to keeping the waterway open represents a significant de-escalation in tensions between Tehran and Washington. The strait's operational status directly impacts global energy markets, with any disruptions potentially affecting oil prices worldwide and impacting economies reliant on stable energy supplies.
As Middle East peace negotiations continue, the ongoing access to this critical shipping lane will remain a key indicator of regional stability and its implications for global energy security.