JUST IN: President Donald Trump says Iran has reopened the Strait of Hormuz for global shipping.
April 17, 2026
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| JUST IN: President Donald Trump says Iran has reopened the Strait of Hormuz for global shipping. |
The reopening comes amid ongoing ceasefire efforts and renewed diplomatic talks, signaling a potential easing of tensions in the Middle East.
However, reports indicate that passage may still be subject to coordination with Iranian authorities, and military vessels could remain restricted.
Global markets reacted quickly, with oil prices dropping sharply as expectations of improved supply flows returned.
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