India, April 17 -- European stocks closed on a strong note on Friday, buoyed by news that Iran has declared the Strait of Hormuz completely open to commercial traffic on the heels of the 10-day ceasefire between Israel and Lebanon.
U.S. President Donald Trump said in a post on Truth Social that the Strait of Hormuz is "completely open and ready for business" but said the U.S. will continue its blockade of Iranian ports until a final peace agreement is reached.
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