The Strait of Hormuz has officially reopened to commercial traffic, according to both Iran and President Donald Trump, marking a major shift after weeks of disruption during the US–Iran conflict.

Iran’s Foreign Minister Abbas Araghchi announced that passage is now “completely open” for commercial vessels during the ceasefire period, provided ships follow routes coordinated by Iranian authorities.

The development comes after a 10-day ceasefire linked to Israel–Lebanon tensions, which helped unlock one of the most critical bottlenecks in global trade.

President Trump quickly welcomed the move, saying:

“IRAN HAS JUST ANNOUNCED THAT THE STRAIT… IS FULLY OPEN AND READY FOR FULL PASSAGE. THANK YOU!”

At the same time, he made it clear that US pressure is not fully gone.

  • The naval blockade remains in place for Iran-related shipping
  • The broader reopening applies to global commercial traffic

This matters because the Strait of Hormuz is one of the most important energy routes in the world.

  • Around 20% of global oil supply flows through it
  • Any disruption can quickly trigger price spikes and inflation fears

Its closure during the conflict had already pushed oil prices sharply higher and disrupted shipping flows.

Now, the reopening is helping shift sentiment. Markets are reacting to the reduced risk of supply shocks, while expectations are growing that negotiations between the US and Iran could move forward.

Still, the situation remains conditional. The reopening is tied to the duration of the ceasefire, and tensions in the region have not fully disappeared.

The bigger picture is simple. The Strait reopening removes one of the biggest immediate risks for global markets, but it does not end the conflict or uncertainty around it.

If diplomacy holds, this could stabilize energy markets. If it breaks, the disruption could return just as quickly.

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