Tehran/Washington, April 17 -- : Iran on Friday declared the Strait of Hormuz "completely open" for commercial shipping, sending oil prices into freefall and triggering a sharp rally across global financial markets, the most dramatic economic signal yet that a diplomatic breakthrough between Washington and Tehran may be within reach.
Trump scored one of his most significant diplomatic wins on Friday after waging military force, economic strangulation, and relentless negotiation.
Foreign Minister Abbas Araghchi announced the move on X, tying it directly to the Lebanon ceasefire that US President Donald Trump brokered on Thursday between Israel and Hezbollah. "In line with the ceasefire in Lebanon, the passage for all commercial vessels thr...