Iran Opens Strait of Hormuz Following Lebanon Ceasefire
4/17/2026 4:38:45 PM
Iranian Foreign Minister Abbas Araghchi announced the opening of the Strait of Hormuz to all commercial vessels for the remaining duration of the ceasefire.
He added that the move is in line with the ceasefire in Lebanon and will remain in effect for the duration of the truce.
Reuters reported that Brent crude and U.S. crude fell by more than 8% following Araghchi’s announcement on maritime traffic through the Strait of Hormuz.
He added that the move is in line with the ceasefire in Lebanon and will remain in effect for the duration of the truce.
Reuters reported that Brent crude and U.S. crude fell by more than 8% following Araghchi’s announcement on maritime traffic through the Strait of Hormuz.