Iran Reopens Crucial Strait of Hormuz

Tehran's decision to restore freedom of navigation through the Strait of Hormuz marks a significant de-escalation in the 50-day conflict with the United States and Israel.

While Iran maintains that passage will follow a coordinated route, the announcement has effectively ended a seven-week blockade that crippled global energy flows.

US President Donald Trump claimed a 'mask of victory' for his administration's economic pressure, though he noted that American sanctions on Iranian ports will remain in full force.

The move has provided immediate relief to global supply chains and eased fears of a long-term inflationary shock.