President Donald Trump and Iranian Foreign Minister Seyed Abbas Araghchi announced Friday that the Strait of Hormuz was officially open.
Trump took to Truth Social to thank the Iranians for opening the strait after previously claiming the U.S. was close to a deal to permanently end the conflict. Crude oil futures declined shorty after Iran announced the strait’s opening, with prices tumbling by over 10% as of this writing.
“THANK YOU!” Trump said on Truth Social. “Iran Has JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE.”
However, Araghchi’s announcement on X was less enthusiastic. He explained that the Strait of Hormuz would only remain open “for the remaining period of ceasefire.”
“In line with the ceasefire in Lebanon, the passage for all commercial vessels through the 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 wrote.
Trump followed up his announcement with a second Truth Social post that explained the “naval blockade will remain in effect” until the transaction with Iran is completed. However, Trump said, “this process should go very quickly.”
“THE STRAIT OF HORMUZ IS COMPLETELY OPEN AND READY FOR BUSINESSS AND FULL PASSAGE, BUT THE NAVAL BLOCKADE WILL REMAIN IN FULL FORCE AND EFFECT AS IT PERTAINS TO IRAN, ONLY,” Trump wrote.
Trump said on Truth Social Thursday that Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun agreed to a temporary ceasefire that would begin at 5:00 p.m. EDT Thursday. Ambassadors for the two countries met for the first time in more than 34 years on Tuesday for negotiations mediated by Secretary of State Marco Rubio in Washington, D.C.
Israel continued to target Lebanon after Trump announced a two-week ceasefire with Iran on April 7, jeopardizing the fragile truce between the two warring nations.
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