President Donald Trump and the Iranian foreign minister declared Friday that the Strait of Hormuz is back open as part of the 10-day ceasefire between Israel and Lebanon.
The Strait was effectively closed down for weeks during the U.S.-Israel conflict with Iran.
But Trump also warned that the U.S. blockade of Iranian ports remains in effect until an agreement is reached with Iran.
"THE STRAIT OF HORMUZ IS COMPLETELY OPEN AND READY FOR BUSINESS AND FULL PASSAGE, BUT THE NAVAL BLOCKADE WILL REMAIN IN FULL FORCE AND EFFECT AS IT PERTAINS TO IRAN, ONLY, UNTIL SUCH TIME AS OUR TRANSACTION WITH IRAN IS 100% COMPLETE. THIS PROCESS SHOULD GO VERY QUICKLY IN THAT MOST OF THE POINTS ARE ALREADY NEGOTIATED," Trump wrote on Truth Social.
Iranian foreign minister Seyed Abbas Araghchi also confirmed the developments.
The move comes as Israel and Lebanon agreed to a ceasefire Thursday evening after Israel was engaged in a monthlong war with the Iranian-backed terrorist group Hezbollah in Lebanon.
"In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran," he wrote on X.
This is a developing story. Please check back for updates.