Iran Reopens Hormuz Strait; Oil Plunges 9% as Trump Maintains Blockade

Iran announced the Strait of Hormuz is fully open to commercial vessels, causing oil prices to drop by 9% and global markets to rally, despite ongoing confusion and U.S. officials maintaining a blockade.

Coverage

• Strait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran Say
• Iran reopens Strait of Hormuz, but Trump says blockade on Iranian ships and ports will stay in force - AP News
• Video shows ships turning away from the Strait of Hormuz as confusion persists over whether sea lane is really open
• Iran declares Strait of Hormuz open to shipping but Trump says U.S. blockade still active
• Confusion over whether the Strait of Hormuz is open
• First ships pass through the Strait of Hormuz after Trump mocked Nato's 'useless' offer to help: RECAP
• Leading From The Rear: Macron and Starmer Announce Hormuz Mission After Trump Opens It

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