Trump Announces Iran's Commitment to Keep Hormuz Strait Open

Apr 17, 2026

72 min

Apr 17, 2026 20:30

Trump says Iran agrees to 'never' close Hormuz strait again

## US-Iran Developments

US President Donald Trump announced that Iran has agreed to keep the Strait of Hormuz open permanently. This statement comes amid ongoing negotiations for a peace deal with Iran, which Trump claims is nearing completion. The Strait of Hormuz is a crucial maritime passage for global oil shipments.

## Ceasefire in the Middle East

A 10-day ceasefire between Lebanon and Israel has begun, following intense conflict involving Israeli forces and Hezbollah. The truce aims to provide a pause in hostilities and potentially pave the way for further diplomatic efforts. However, the situation remains delicate as Hezbollah was not directly involved in the ceasefire agreement.

## International Reactions

World leaders, including those from France and the UK, have welcomed the reopening of the Strait of Hormuz. They emphasize the need for a permanent solution to ensure maritime security. Meanwhile, the US continues to enforce a naval blockade on Iranian ports until a peace agreement is finalized.

## Economic Impact

Following the announcement of the Strait's reopening, oil prices saw a significant drop, with Brent crude falling by 10% and West Texas Intermediate by 11%. This reflects market optimism about reduced tensions in the region.

## Ongoing Negotiations

Trump has indicated that talks with Iran could resume soon, possibly in Islamabad. He also mentioned that there are no remaining obstacles to reaching a peace deal. Despite these developments, the US maintains its blockade until negotiations are fully concluded.

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