Saturday April 18, 2026 Iranian Foreign Minister Abbas Araghchi Iran said the Strait of Hormuz is “completely open” to commercial shipping and will stay that way for the duration of the Israel-Lebanon ceasefire, as United States President Donald Trump declared that a deal to end the US-Israeli war on Iran was “very close”. “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,” Iranian Foreign Minister Abbas…

After a brief signal from Tehran that the Strait of Hormuz was open again, at least eight oil and gas tankers moved through the vital waterway, according to maritime tracking data, offering a fleeting glimpse of relief before Iran appeared to tighten control once more. Data from tracking firm Kpler showed that one crude oil tanker, four liquified petroleum gas carriers, two oil and chemical tankers and one vessel classified as an "oil products" ship crossed the strait following the Iranian announcement yesterday afternoon.…

Iran reopened the Strait of Hormuz on a temporary basis after a ceasefire deal in Lebanon, fueling hopes that diplomacy could gain traction, while warning that the vital shipping lane could be shut again if the recent US Navy blockade of Iranian ports continued. Foreign Minister Abbas Araqchi said in a social media post that the strait, one of the world’s most sensitive arteries for energy shipments, would remain open to all commercial traffic for the duration of the US-brokered 10-day truce. The ceasefire was struck on…

Friday April 17, 2026 Tehran is floating a plan to settle Hormuz transit payments in its own currency, a move Iranian officials say could bolster the rial and unlock as much as $15 billion a year in revenue. / Reuters A proposed bill to formalise Iran’s sovereignty over the Strait of Hormuz is being framed in Tehran as more than a territorial assertion: it is also intended to give the rial a stronger foothold in regional financial dealings, according to Iran’s semi-official ISNA news agency. Ahmad Naderi, a member of…

A prolonged US blockade of one of the world’s most critical maritime chokepoints threatens to send fresh shocks through energy markets and supply chains, raising new risks and costs for economies far beyond the Gulf. By Sanjoy Paul, University of Technology Sydney For weeks, the global economy has been fixated on a single question: when will the Strait of Hormuz fully reopen? Following Iran’s war with Israel and the United States, Tehran has in effect shut the narrow passage, a route that normally carries about one-fifth of…

Iran warns of 'firm response' to military transit through Strait of Hormuz TEHRAN - Iran said any military vessel attempting to move through the Strait of Hormuz would meet a "firm and decisive response," in a statement issued by the Islamic Revolutionary Guard Corps (IRGC) Navy. The IRGC said it exercises "full and intelligent control" over the strategic waterway, adding that passage is allowed only for non-military ships and only under defined regulations. It also rejected reports that US vessels had crossed the strait,…

As strains inside NATO deepen over the Iran war, alliance Secretary General Mark Rutte has told several capitals that US President Donald Trump is seeking firm commitments within days to help secure the Strait of Hormuz, according to two European diplomats who spoke to Reuters. Mr Rutte held talks with Mr Trump in Washington on Wednesday as unease spread across the alliance over the conflict with Iran. "We note the frustration in Washington, but they did not consult allies either before or after starting this war," said one…

Shipping companies are holding back from returning to the Strait of Hormuz, saying they need firmer assurances on the terms of the US-Iran ceasefire after Tehran said the vital waterway remains off-limits to vessels sailing without a permit. The six-week war all but choked off traffic through the strait, a narrow corridor that handles about 20% of global oil and liquefied natural gas (LNG) shipments, sending energy prices sharply upward around the world. Iran said it would provide safe passage in coordination with its armed…

More than five weeks into a war that has killed thousands, rattled economies and driven up oil prices, fresh aerial strikes were reported in Tehran as the conflict between the US, Israel and Iran showed no sign of easing. US President Donald Trump warned Iran he would unleash "hell" if it failed to reach a deal and reopen the Strait of Hormuz. Tehran has in effect shut the Hormuz waterway — a passage for about a fifth of the world's oil and natural gas supply — while also striking US military bases and other targets across…

A second Turkish-flagged ship has crossed the war-torn Strait of Hormuz, Turkey’s Transport Minister Abdulkadir Uraloglu said Saturday. Iran has closed the Strait of Hormuz, a key global waterway, since the US-Israeli strikes on Iran started on February 28 set off the Middle East conflict and sent global oil and gas prices soaring. Uraloglu said that on February 28 there were 15 ships belonging to Turkish shipowners waiting to go through the strategic strait. “Two of these 15 made the crossing,” he told the private…