Iran Reopens Hormuz as US Keeps Naval Blockade

Iran has announced the reopening of the Strait of Hormuz for commercial shipping following a ceasefire linked to the Israel-Hezbollah conflict, while the United States said its naval blockade targeting Iran will remain in place.

Iranian Foreign Minister Abbas Araqchi said the key maritime route is now fully open to commercial vessels during the ceasefire period. He added that ships must follow routes designated by Iran’s Ports and Maritime Organisation.

US President Donald Trump confirmed the development, saying the strait is open for business but stressed that the US naval blockade against Iran will continue until a broader agreement is finalised.

He indicated that negotiations were progressing and a deal could be reached soon, though no specific timeline has been set.

The reopening comes after Iran had restricted access to the strategic waterway amid ongoing hostilities, citing continued Israeli strikes in Lebanon.

The Strait of Hormuz is a critical global energy corridor, handling roughly one-fifth of the world’s oil and liquefied natural gas shipments. Its disruption had raised fears of a major supply shock and heightened volatility in global markets.

Following the announcement, oil prices fell sharply, extending earlier losses as concerns over supply disruptions eased.

The conflict, which began in late February, has killed thousands and destabilised the region, with diplomatic efforts continuing to secure a longer-term settlement.