Iran Says Hormuz Strait Open Again
Iran said the Strait of Hormuz is open for ships. This is a key sea route for oil ships.
The opening depends on a ceasefire. Israel and Hezbollah must keep it in place.
A 10-day ceasefire between the two sides began. Oil prices fell sharply after Iran's announcement.
Two United States stock indexes hit all-time highs. But Trump said the United States blockade is still active. This means ships may still face a United States blockade.
Klear Note — The Strait of Hormuz is a narrow waterway between Iran and Oman. About one-third of world's oil passes through it daily. When it closes, oil prices rise sharply worldwide.
Key Terms 4
- Strait of Hormuz A narrow sea passage where much of the world's oil travels through
- ceasefire An agreement to stop fighting
- Hezbollah An armed group based in Lebanon that fights against Israel
- blockade When a country stops ships from passing through an area