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world14h ago
Iran declares Strait of Hormuz 'completely open' for rest of ceasefire
Metro.co.uk and 22 more
- Iran opens the Strait of Hormuz during a 10-day ceasefire, signaling a staged return to maritime activity amid broader tensions and global energy routes.
- Oil prices dropped about 10% in a few hours as shipping resumes and market expectations shift with the Strait’s reopening amid the ceasefire.
- Major airlines adjusted operations due to higher jet-fuel costs, with fleets reconsidering routes as profitability wanes from renewed Strait activity.
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