Tehran has announced the complete reopening of the waterway for the entire duration of the ceasefire in Lebanon.
Passage for all commercial vessels through the Strait of Hormuz is now completely open, Iranian Foreign Minister Seyed Abbas Araghchi declared on Friday. He added that the waterway will remain open for the remainder of the ceasefire in Lebanon.
Araghchi’s announcement came shortly after a 10-day truce came into force between the Israel Defense Forces (IDF) and the Hezbollah militant group in Lebanon, which has been one of the major obstacles to a peace deal between Iran and the US.
Writing on X, the Iranian minister stated that “in line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire.”
He noted however, that the vessels would be allowed to move along the “coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran,” suggesting that the strait will remain under Tehran’s control.
US President Donald Trump has responded to Araghchi’s announcement on his Truth Social account, appearing to thank Tehran for fully reopening the “strait of Iran.”
The Strait of Hormuz has been shut down ever since the US and Israel launched an unprovoked attack on Iran in late February. The closure has driven up energy prices and rattled the global economy, disrupting one of the world’s most important trade arteries, which handles around 20% of global crude exports.
In the minutes following Araghchi’s announcement, oil prices plummeted by more than 10%, with Crude oil dropping to just over $83 per barrel and Brent coming in at around $88.
Image credit: Planet Volumes
Jews bombing Lebanon in 3-2-1,,,
Trump is a genius.
You are not a genius if you are blackmailed by the zionist cabal.
I agree with you both.
Blockades are just as effective as they were. They are not weak. Very effective in the 1963 cuban missile crisis.
The way to get oil prices down is to remove the petrol dollar tax to USA and allow Russia to export to any nation.
Fact is New Zealand would do far better if we were part of Australia.
Yea, he deserves Nobel price for peace 😅😅
In fairness you can’t really be a genius if you have a stupid looking fake suntanned orange head.
Also let’s not forgot Donald and the Epstein files, which oddly have conveniently disappeared from our beloved MSM during the current shit-show.
Trump made ten billion dollars, had a massive film and television career, authored countless books, ran hundreds of companies and became president of the United States twice.
You post stupid comments about Epstein files from your toilet seat.
Actually Stumps grandad made the money sunshine….and money opens all doors……
Actually sunshine, Trump’s grandad made millions while Trump made billions.
A billion is more than a million, sunshine.
You sweet summer child, sunshine.
Yep!!! Oil will be halved at least I think in the future. No more extortion from terrorist and the British satanic bankers.
The greatest world leader in modern times.
Well maybe after Hitler and Stalin…lets be fair now……
A’ yuk 🥴
For sure,Trump is the (last) grave digger of the US vulture.
Stump is already moving substantial military units into the region and you can be sure Iran is using the pause to re-arm, too. Enjoy cheaper oil and sustained food supplies while they last.
It’s closed again.
Oh for f*cks sake 😆
New Zealand, a Trilateralist Play ground since………https://www.infonews.co.nz/news.cfm?id=17241 Opal Files, how the Epstein Class subverted New Zealand and Australia… Note: ONGOING…
Could it be someone is blinded by the light…..?
“Actually sunshine, Trump’s grandad made millions while Trump made billions.
A billion is more than a million, sunshine.
You sweet summer child, sunshine.”
https://theconversation.com/a-new-book-reveals-much-of-trumps-success-is-based-on-a-myth-he-is-a-self-made-billionaire-240648
Are you really waving slop written by puLiTzeR PriZe wiNNing NeW YorK TiMes journalists in my face as if it’s supposed to have any kind of credibility?! 😆
Wow dude. Just wow