Saturday, April 18, 2026

Trump thanks Iran for opening Strait of Hormuz as oil prices in freefall

Strait of Hormuz opening
Image – RT.

The US president vowed, however, to continue to blockade Iranian ports.

Iran has announced that it will allow passage for “all commercial vessels” through the strategic Strait of Hormuz following the declaration of a 10-day Israel-Lebanon ceasefire. However, US President Donald Trump has vowed to maintain his blockade of Iranian ports.

The announcement was made by Iranian Foreign Minister Seyed Abbas Araghchi, who said that the strait is “completely open” for the remaining period of the truce on the route approved by the Iranian authorities. The statement marks a significant shift from Iran’s previous stance, when Tehran prohibited passage for any US or Israeli ship.

The 10-day ceasefire entered into force on Friday following several weeks of fighting between Israel and Hezbollah, which claimed more than 2,000 lives in Lebanon.



Trump thanked Tehran and said the strait is “open and ready for business,” but added that the US naval blockade on Iran “remains in full force” until a deal is “100% complete”.

Iran’s Islamic Revolutionary Guards Corps (IRGC) warned the US and Israel they will face a “regret-inducing” response if attacks continue.

A ten-day Israel-Hezbollah ceasefire came into force on Friday, with Trump insisting the group is part of the US-Iran ceasefire deal.

At least 2,196 people have been killed and 1.2 million displaced in Lebanon amid Israeli airstrikes and evacuation orders to expand a “security zone”.

Crude oil dropped to just over $83 per barrel and Brent coming in at around $88 in the wake of the developments.

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Source:RT News

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7 COMMENTS

  1. The D.C. Parasites will now buy-in low, and wait for the world to run out of supply, then the price skyrockets, and they make a Nancy Pelosi / Barron Trump / Hillary Clinton-styled profit margin not seens since before the …’war’…!
    In the meantime, here’s some Bitumin Pie for tea…OH..I FORGOT!
    It take OIL to make Bitumen…so tea is now out as well!
    NZ produces enough effluent to extract active fertiliser from;
    Marsden Point needs to be rebuilt for energy independence;
    Food warehouses and food processing centres need to be preserved and expanded due to previous shut-downs, arson fires, etc.
    VOTE for the New Zealand Loyal Party!
    https://nzloyal.com/the-truth-new-zealand-cant-ignore-anymore/
    https://www.youtube.com/watch?v=kaF4ohXoXkg
    – End our participation in the UN, WEF & WHO.
    – End climate accords based on faulty science.
    – Establish energy independence, including oil and gas.
    – Save our farmers from restrictive regulations.
    – Scrap the current tax system.
    – Scrap all race based policies.
    – Establish a NZ Constitution.
    – Expose and eradicate propaganda from our news media.
    – Protect children from corrupt sex and gender ‘education’.
    – Decentralised government and return power to the people.
    Become a Loyal Member today!

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