Iranian Foreign Minister Seyed Abbas Araghchi says the Strait of Hormuz is open Friday following a cease-fire in Lebanon while oil prices decline.

Just a few tankers are passing through the Strait of Hormuz, as the U.S. Navy blocks Iran's coast and Tehran threatens to retaliate against ships in the Gulf.

Foreign Minister Abbas Araghchi said that the passage of ships through the strait will be carried out according to the route agreed with Iran