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Iran's foreign minister, Abbas Araghchi, has announced that the Strait of Hormuz is now fully open to commercial vessels. This development has sparked hopes for an end to the conflict in the Middle East and led to a significant decrease in oil prices.US President Donald Trump celebrated the reopening, claiming that Iran had agreed never to close the strategic waterway again. However, this claim has not been verified, and Iran's parliamentary speaker warned that the strait could be shut again if the US blockade continues.The Islamic Revolutionary Guard Corps (IRGC) has reinforced its authority in Tehran during the war, and commercial vessels are only allowed to travel through the strait along a determined route and with the permission of the IRGC navy. The US blockade of Iranian ports and shipping remains in place, making it uncertain when normality will return.

Iran’s foreign minister Abbas Araghchi announced on Friday that the Strait of Hormuz is "completely open" for commercial traffic, aligning the decision with the newly‑instated ceasefire between Israel and Lebanon. President Donald Trump echoed the statement on social media, insisting the waterway is ready for business but also stressing that the U.S. naval blockade on Iranian ports will remain in full force until a comprehensive agreement is reached. In Paris, France and the United Kingdom convened a summit of roughly 40 countries to discuss a coordinated effort to restore freedom of navigation in the strait once the broader U.S.–Iran conflict subsides. The strait channels about 20 % of the world’s daily crude oil flow; its blockage had previously pushed fuel prices upward worldwide. The latest announcement prompted an immediate plunge in oil prices, offering a brief reprieve for markets. United States: Trump posted on Truth Social that the strait is "completely open and ready for business," yet reiterated that the blockade will stay in effect "until our transaction with Iran is 100 % complete." He later told AFP the deal to end the war on Iran is "close" with "no sticking points" remaining. Iran: Araghchi shared the opening on X, tying it to the 10‑day ceasefire. However, later state media quoted a senior IRGC official saying only non‑military vessels would be permitted, subject to IRGC Navy approval, highlighting internal ambiguity. United Kingdom: Prime Minister Keir Starmer co‑hosted the Paris summit with French President Emmanuel Macron, welcoming the reopening but urging that any solution be "lasting and workable." He pledged a "strictly peaceful and defensive" multinational mission to protect navigation when conditions allow. France: Macron called for an "immediate and unconditional" reopening by all parties and warned against any attempts to "privatise" the strait or impose tolls. His office outlined potential coalition roles, including intelligence, mine‑clearing, military escorts, and communication with coastal states. Germany: Chancellor Friedrich Merz offered German mine‑clearance and intelligence support, pending parliamentary approval and a UN Security Council mandate. He expressed a desire for U.S. participation, a request Trump publicly dismissed. Finland: President Alexander Stubb, attending the summit, praised Iran’s announcement but emphasized that durable solutions require diplomatic effort. United Nations: Secretary‑General António Guterres welcomed the opening as "a step in the right direction," while the International Maritime Organization began verifying compliance with freedom‑of‑navigation standards. Shipping industry: The Norwegian Shipowners’ Association, representing 130 firms and 1,500 vessels, called the development welcome but said practical details—such as mine presence and Iranian conditions—must be clarified. Germany’s Hapag‑Lloyd and Denmark’s Maersk both indicated they are reassessing risks but remain cautious about immediate transits. Markets: Analysts noted the announcement’s swift impact on oil markets. "This is the biggest development so far during the ceasefire and gives hope that the war will end soon," said Kathleen Brooks, research director at XTB.

Despite a ceasefire that has been in place for seven months, Israeli attacks have killed several Palestinians in the Gaza Strip over the past two days. The violence has resulted in the deaths of at least six people, including brothers Abdelmalek and Abdel Sattar al-Attar, who were killed in an Israeli drone strike in Beit Lahiya.Nine-year-old Saleh Badawi was also shot dead by Israeli forces in the Zeitoun neighbourhood east of Gaza City. Additionally, Mohsen al-Dabbari, 38, was killed by Israeli fire south of Khan Younis.On Friday, three more Palestinians were killed, including brothers Mohammed and Eid Abu Warda, who were shot dead on Mansoura Street in the Shujayea neighbourhood east of Gaza City. An Israeli drone strike on a water desalination facility in the same neighbourhood killed one Palestinian and wounded several others.The Gaza Government Media Office has reported that Israel has committed 2,400 violations of the ceasefire, which began in October. These violations include killings, arrests, blockades, and starvation policies.The violence has also spread to the occupied West Bank, where Israeli forces and settlers have carried out raids and attacks. Israeli settlers set fire to two vehicles during an attack on Palestinian homes in the southern West Bank, while Israeli forces stormed ar-Ram town north of Jerusalem and arrested a number of Palestinians.The United Nations has expressed concern over the continued violence, with UN Women reporting that an average of at least 47 women and girls were killed each day during the war in Gaza.

France and the United Kingdom are convening dozens of countries to advance plans for a multinational maritime force to secure the Strait of Hormuz, a critical waterway that has been closed since Iran imposed a blockade on February 28.The meeting, taking place at the Elysee presidential palace in Paris, is being chaired by French President Emmanuel Macron and British Prime Minister Keir Starmer, with around 30 to 40 countries participating in person or by video conference.The talks will focus on the Strait of Hormuz Maritime Freedom of Navigation Initiative, a defensive mission aimed at restoring free passage through the waterway once a lasting ceasefire in the US-Israel war on Iran is in place.European leaders have warned that the ongoing closure threatens consumers with higher inflation, food shortages, and flight cancellations as jet fuel supplies dwindle. Over 20,000 seafarers are trapped on board hundreds of vessels caught in the blockade.“The unconditional and immediate reopening of the strait is a global responsibility, and we need to act to get global energy and trade flowing freely again,” Starmer said, accusing Iran of “holding the world’s economy to ransom”.The initiative mirrors Europe’s earlier efforts to assemble a security force for Ukraine and carries similar conditions: deployment only when the conflict ends and security conditions allow.A French presidential official stated that allies would need “an Iranian commitment not to fire on passing ships and a US commitment not to block any ships leaving or entering the Strait of Hormuz” before any mission could proceed.Washington’s absence from the discussions is deliberate, with Macron emphasizing that the mission to provide security for shipping through the strait would be “strictly defensive” and limited to non-belligerent countries.

Iran’s foreign minister Abbas Araghchi posted on X that, in line with the 10‑day Israel‑Lebanon ceasefire, the Strait of Hormuz is "completely open" for all commercial vessels for the remainder of the truce. The declaration follows a fragile agreement between Israel and Lebanon, whose acceptance by Hezbollah remains uncertain. The Iranian Ports and Maritime Organisation has already outlined a coordinated routing system for vessels, ensuring that traffic proceeds under strict supervision by the Islamic Revolutionary Guard Corps Navy, which will permit only non‑military ships. U.S. President Donald Trump echoed the openness of the strait in a social‑media post, emphasizing that it is "ready for business and full passage." However, he added that the U.S. naval blockade will continue "until Iran reaches a deal with the United States to end the war," signalling that commercial freedom does not equate to a lift of sanctions. Trump also claimed that Iran has pledged to "never close the Strait of Hormuz again," describing the waterway’s previous use as a "weapon against the world." A senior Iranian military official clarified that this promise applies solely to non‑military vessels, with IRGC Navy oversight. The conflict, which began on 28 February, has already claimed over 3,000 lives and saw Iran previously block the strait—a chokepoint through which roughly 20% of global oil and LNG shipments flow. After stalled U.S.–Iran talks in Pakistan, the United States expanded its blockade to Iranian ports in the Gulf. In Washington, Trump reiterated his administration’s pressure on Tehran to abandon its nuclear ambitions. He suggested a potential "cash‑for‑uranium" deal worth $20 billion, later describing the prospect of acquiring Iran’s "nuclear dust" without payment—a claim dismissed by Iran’s state media, which said no such negotiations ever occurred. Trump also announced that Israel is now "prohibited" from bombing Lebanon, stating that any U.S.–Iran agreement is not contingent on developments in Lebanon. UN peacekeepers reported no air attacks since midnight, though they accused Israeli forces of violating Lebanese airspace and conducting artillery fire. According to the U.S. Department of State, Israel may act in self‑defence against imminent threats but is barred from offensive operations in southern Lebanon. Senior analyst Mairav Zonszein of the International Crisis Group described the direct talks between Lebanon and Israel as a "potential breakthrough," while cautioning that a durable settlement remains distant. He noted that a diplomatic track strengthening the Lebanese government could gradually diminish Hezbollah’s political influence. Overall, the simultaneous declaration of an open strait and the continuation of a U.S. blockade underscores the complex interplay of commercial interests, regional security, and the broader quest for a diplomatic resolution to the Middle‑East conflict.

Kharg Island, a strategic location in the Persian Gulf, has become a front-line target in the ongoing conflict between the United States and Iran. The island is the heart of Iran's oil trade, and the US has struck military sites there, escalating tensions in the region.Despite the critical role Kharg Island plays in Iran's economy, 8,000 people call the island home. Their lives have been severely impacted by the conflict, with bombs falling and ships stopped from moving. The situation on the ground is dire, with residents facing significant challenges in their daily lives.The US naval blockade on Iranian ports has further exacerbated the situation, severely impacting Iran's oil exports and economy. The blockade is part of a broader effort by the US to enforce sanctions on Iran and limit its ability to export oil.The conflict has significant implications for the global economy, particularly in terms of oil prices and supply chains. As tensions continue to escalate, the international community is watching closely to see how the situation will unfold.

Pakistan’s Foreign Ministry confirmed on Thursday that the United States and Iran are still negotiating a second round of talks—held through Islamabad—to end their nearly seven‑week conflict, even though no date has been fixed for the meeting.The ceasefire, brokered by Pakistan on April 8, is set to expire on April 22, and officials warn it is under increasing strain as a U.S. naval blockade continues to turn away Iranian‑linked vessels in the Strait of Hormuz.Prime Minister Shehbaz Sharif is conducting a regional tour that began in Jeddah, moved to Doha, and will continue to Antalya, where he will attend the Antalya Diplomacy Forum on April 17 alongside Saudi, Turkish and possibly Egyptian counterparts.Simultaneously, Chief of Defence Forces Asim Munir arrived in Tehran with a delegation that includes Interior Minister Mohsin Naqvi. He was welcomed by Iranian Foreign Minister Abbas Araghchi, who praised Pakistan’s “gracious hosting of dialogue.”Foreign Ministry spokesperson Tahir Andrabi emphasized that the details of the upcoming talks remain confidential and that Pakistan’s role is to keep the process alive, stating, “We have the details and information of the talks entrusted to us by the negotiating parties.”Analyst Muhammad Faisal described Islamabad’s approach as a dual‑track strategy: Sharif is building a broader Gulf coalition, while Munir is engaged in hard negotiations aimed at narrowing gaps between Washington and Tehran and extending the ceasefire.Iran has insisted that any agreement must include Lebanon, citing the ongoing Israeli strikes that have killed over 2,000 people and displaced 1.2 million. The United States, however, maintains that a Lebanon settlement must remain separate from the US‑Iran talks.U.S. Secretary of State Marco Rubio recently mediated a trilateral meeting in Washington with Israeli and Lebanese ambassadors, but no ceasefire or follow‑up was secured.Both sides appear cautiously optimistic. White House press secretary Karoline Leavitt said further talks are “very likely” to take place in Islamabad, while Iran’s spokesperson Esmaeil Baghaei noted multiple messages exchanged with Washington since April 12.President Donald Trump indicated that talks could resume within two days and expressed a greater willingness to travel to Pakistan for negotiations.Strategic analysts warn that the Strait of Hormuz blockage—which restricts roughly one‑fifth of global oil shipments—remains a pivotal issue. Opening the waterway is seen as essential to easing upward pressure on oil prices and restoring confidence in global markets.Should the second round of talks fail, Pakistan’s role may shift from mediator to crisis manager, focusing again on brokering a ceasefire if hostilities resume.

Iran’s foreign minister Abbas Araghchi announced that the Strait of Hormuz is now fully open to commercial vessels, a statement that raised hopes for de‑escalation in the Middle‑East conflict and sent global oil prices tumbling. President Donald Trump took to social media to celebrate the news, proclaiming it a "great and brilliant day for the world" and asserting that Iran had pledged never to shut the strategic waterway again. Trump also claimed that Tehran had agreed to suspend its nuclear programme indefinitely and would forfeit any frozen U.S. funds, suggesting that a deal‑making session could occur over the upcoming weekend. In contrast, the Islamic Revolutionary Guard Corps (IRGC) offered only qualified support for Araghchi’s declaration, indicating that commercial traffic would be permitted only along a prescribed route and under IRGC naval permission. The United States, however, signalled that its naval blockade of Iranian ports will remain in force until all transactions are completed, warning that few vessels are likely to risk passage under the current uncertainty. Oil markets reacted swiftly: Brent crude slipped below $90 per barrel, easing inflationary pressures that had surged after the strait’s earlier closure. Simultaneously, a ten‑day truce in Lebanon entered its second day, temporarily halting Israeli airstrikes against Hezbollah‑aligned forces and offering a brief respite to civilians after weeks of intense fighting. Despite the truce, an Israeli drone strike in southern Lebanon killed a civilian, and Defence Minister Israel Katz reiterated that the Israeli Defence Forces were not withdrawing and could resume operations. In Paris, representatives from roughly 40 nations gathered at a conference co‑chaired by France and the United Kingdom to discuss a coordinated plan for safeguarding the strait, which historically carries about one‑fifth of the world’s oil and gas shipments. French President Emmanuel Macron welcomed Araghchi’s statement but urged a "full, unconditional reopening" by all parties, while UK Prime Minister Keir Starmer called for any reopening plan to be "lasting and workable". The International Maritime Organization’s secretary‑general, Arsenio Domínguez, said the agency is reviewing the announcement to ensure it complies with the principle of free navigation for all merchant vessels. Pakistan’s army chief Field Marshal Asim Munir, acting as a key mediator, arrived in Tehran to advance negotiations for a more durable peace, underscoring Pakistan’s growing diplomatic role in the region. Overall, while the Hormuz opening has eased immediate market pressures, the broader geopolitical landscape remains volatile, with the U.S.–Iran cease‑fire set to expire soon and regional actors still poised for further confrontation.

Oil and gas prices experienced a significant decline of almost 10% on Friday following Iran's announcement that the Strait of Hormuz is open to commercial shipping. This development could pave the way for tankers carrying millions of barrels of oil and gas to access the global market.Iran's foreign minister stated that vessels are free to transit the Strait of Hormuz during the 10-day ceasefire between Israel and Lebanon. Brent crude, the international benchmark, fell by 9% to $90 a barrel, while the benchmark European gas contract dropped by about 8.5% to €38.80 (£33.80) per megawatt hour.The US naval blockade on Iran's use of the strait remains in full force, according to Donald Trump, until a deal is reached with Tehran. Trump expressed optimism that the process will move quickly, as most points have already been negotiated.The crisis in the Strait of Hormuz has disrupted supplies of Middle Eastern crude and gas, as well as refined fuels from Gulf refineries, in what the International Energy Agency has described as the biggest energy supply crisis in history. Before the crisis, over 130 ships a day travelled through the strait, but this has reduced to a trickle under threats from Iran's Revolutionary Guards.There are currently around 800 tankers stuck in the Gulf, with about 300 being oil and gas tankers. It remains uncertain whether tankers will be required to pay a fee of about $2m (£1.5m) for safe passage through the strait.Analysts, such as Giovanni Staunovo from UBS, view Iran's comments as a sign of de-escalation, but emphasize the need to see a substantial increase in the number of tankers crossing the strait.