Global markets are watching closely after Iran said the Strait of Hormuz is fully open again.
Iran has fully reopened the Strait of Hormuz, according to statements shared by Donald Trump and Iranian officials on Friday.
Trump announced the development on social media, saying Iran had declared the waterway open and ready for full commercial passage. The strait is one of the world’s most important energy routes, carrying a major share of global oil and gas shipments.
The reopening follows days of rising tension between Washington and Tehran. Trump had earlier threatened strikes on Iranian infrastructure unless the route was reopened. The United States had also warned of a blockade after talks with Iran reportedly failed to secure a wider peace deal.
Iranian Foreign Minister Abbas Araghchi later confirmed the move, saying commercial vessels could resume passage through the strait during the current ceasefire period.
The decision could ease pressure on global energy markets, which have reacted sharply to every sign of disruption in the Gulf. Shipping companies and oil traders closely monitor the Strait of Hormuz because even short interruptions can affect fuel prices worldwide.
The announcement also comes amid ongoing regional instability. Israel continues military operations in Lebanon against Hezbollah, despite separate ceasefire discussions involving Iran.
For now, the reopening of the Strait of Hormuz offers temporary relief to markets and shipping operators, but tensions in the region remain high.