Iran has declared the Strait of Hormuz ‘completely open.’ Here’s what that really means.
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Almost seven weeks after the start of the conflict in the Middle East, Iran announced on Friday that a crucial maritime passageway for seaborne oil was “completely open” for commercial vessels — but only as long as the Lebanon-Israel cease-fire agreement is in effect.
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Original article published by
MarketWatch
on April 17, 2026.
Analysis and insights provided by AnalystMarkets AI.
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