Reports say conflicting signals from Iran and the United States have deepened uncertainty over the status of the strategic Strait of Hormuz, even as global oil prices react sharply to the evolving situation.
Iran’s parliament speaker warned that the vital waterway “will not remain open” if the United States continues its naval blockade of Iranian ports.
However, US President Donald Trump insisted the blockade would remain in place until a comprehensive peace deal is secured, while maintaining that the strait is “open and ready for business.”
Earlier, Iran’s Foreign Minister had stated that the Strait of Hormuz would remain open to commercial shipping for the duration of the ceasefire.
Despite this assurance, maritime tracking data indicates that only a limited number of vessels have transited the route, raising doubts about actual conditions on the ground.
Further complicating matters, Trump claimed that Iran had agreed to sweeping concessions, including the removal of enriched uranium to the United States, an assertion swiftly denied by Tehran.
Amid the uncertainty, global oil markets reacted swiftly, with prices dropping by nearly 10 percent following Iran’s initial announcement.
The Strait of Hormuz, through which a significant portion of the world’s oil supply passes, remains a critical flashpoint, with developments closely watched by governments and investors worldwide.
