Iran reopened the Strait of Hormuz to all commercial shipping traffic Friday, citing Thursday’s ceasefire with Israel in Lebanon, signaling a major breakthrough in the conflict and sending oil prices plummeting, though President Donald Trump said the U.S. Naval blockade on Iran will remain in effect until a permanent peace deal is reached.
Read the full story on Forbes: https://www.forbes.com/sites/saradorn/2026/04/17/iran-reopens-strait-of-hormuz-after-ceasefire-called-in-lebanon/
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