Iran's big announcement: Hormuz Strait 'completely open' after landmark Lebanon deal with US-Israel

Iran announced the reopening of the Strait of Hormuz to commercial shipping, linking the move to ongoing ceasefire diplomacy in the region. Foreign Minister Seyed Abbas Araghchi said vessels can pass freely for now, but only through designated routes during the truce period. The decision triggered an immediate global reaction, with oil prices dropping sharply as markets responded to eased tensions. Donald Trump quickly claimed credit, thanking Tehran for allowing “full passage.” The move comes amid a fragile Israel-Lebanon ceasefire and upcoming talks, raising questions over whether this is diplomacy or a strategic calculation.