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Iran Agrees that Straight of Hormuz is Open

Oil Prices Drop on Announcement as Stock Market Soars

β€œIRAN HAS JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE" President Trump

by Caitlin Doornbos, NY Post.com, April 15, 2026

President Donald Trump and Iranian Foreign Minister Seyed Abbas Araghchi on Friday announced that the Strait of Hormuz is now β€œcompletely open” for all ships, so long as the Israel-Lebanon cease-fire remains in place β€” with Trump quickly celebrating the resulting tumbling gas prices.

β€œIn line with the ceasefire in Lebanon, the passage for all passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran,” Araghchi said in a post to X.

Trump then quickly took to Truth Social to share the news himself.

Crude oil prices plummeted from $92.48 per barrel upon opening on Tuesday to roughly $83 per barrel in the wake of the announcement.

The US will maintain its blockade of Iranian ports β€” which does not impede other traffic β€” to keep the pressure on for Tehran to come to the table for a peace deal, he added.

β€œTHE STRAIT OF HORMUZ IS COMPLETELY OPEN AND READY FOR BUSINESS AND FULL PASSAGE, BUT THE NAVAL BLOCKADE WILL REMAIN IN FULL FORCE AND EFFECT AS IT PERTAINS TO IRAN, ONLY, UNTIL SUCH TIME AS OUR TRANSACTION WITH IRAN IS 100% COMPLETE,” Trump wrote. β€œTHIS PROCESS SHOULD GO VERY QUICKLY IN THAT MOST OF THE POINTS ARE ALREADY NEGOTIATED. THANK YOU FOR YOUR ATTENTION TO THIS MATTER! PRESIDENT DONALD J. TRUMP.”

In a separate post, Trump said he rebuffed outreach from NATO β€” which he had repeatedly criticized for not taking an active role in opening up the strait throughout the past nearly seven weeks of war.

β€œNow that the Hormuz Strait situation is over, I received a call from NATO asking if we would need some help. I TOLD THEM TO STAY AWAY, UNLESS THEY JUST WANT TO LOAD UP THEIR SHIPS WITH OIL. They were useless when needed, a Paper Tiger! President DJT.”

He also addressed the broader regional situation, including nuclear fallout and Lebanon.

β€œThe U.S.A. will get all Nuclear β€˜Dust,’ created by our great B2 Bombers – No money will exchange hands in any way, shape, or form. This deal is in no way subject to Lebanon, either, but the USA will, separately, work with Lebanon, and deal with the Hezbollah situation in an appropriate manner. Israel will not be bombing Lebanon any longer. They are PROHIBITED from doing so by the U.S.A. Enough is enough!!! Thank you! President DJT.”

Maintaining the blockade allows Washington to hold its leverage against Tehran to force Iran to come to the table for peace talks and agree to a fair deal, while allowing other ships to access the waterway.
 

CLICK HERE TO READ MORE NEWS AT THE NYPOST.COM


 
Source: NYPost.com
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