"It's going to open and we hope that will happen quickly, but we will not stop the new plan."

Trump announces US-Iran agreement to fully reopen the Strait of Hormuz by Friday, aiming to restore vital oil shipping lanes and ease global economic pressures.

The US-Iran agreement to reopen the Strait of Hormuz may alleviate immediate energy concerns, but analysts predict weeks-long delays due to a backlog of 500 stranded ships.

Iran and the United States said ships had again started moving through the Strait of Hormuz -- with President Donald Trump saying the vital oil route would be "completely open" by…

By Kentaro Okasaka, Jeslyn Lerh, Emily Chow and Stine JacobsenJune 15 (Reuters) - Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz…

"Early indications suggest this may depend on Iran clearing naval mines over an initial 30-day period."

Shipping groups warned Monday it was too soon to safely resume sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their…

Even if the strait fully opens then, it will likely take months for the global energy crisis sparked by its closure to ease.

There are many unresolved issues to be worked through over the next two months after a deal to end the conflict was signed electronically on Sunday.

"Our working assumption is that ~80% of energy flows will resume by the end of Q3 but a return to 'normal' could stretch into 2027."

The months-long shutdown of the the crucial shipping route has rocked global oil markets and flowed through to all sorts of prices. How will the reopening change things, and how…

Uncertainty of peace keeps energy markets tense as traders wait for real stability before prices normalize

Trump said the strait would be "completely open" by Friday, but key details remain unresolved, including who will manage the crucial waterway.

Iran and the United States said ships had again started moving through the Strait of Hormuz with US President Donald Trump saying the vital oil route would be 'completely open' by…

The head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Record-high oil and gas prices are really…

The US and Iran agreed to reopen the Strait of Hormuz after months of blockade and crypto-based tolls, but shippers face safety and insurance hurdles.

Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without…

As the world awaits the full reopening of the Strait of Hormuz following the signing of an interim peace deal between Iran and the US, the United Arab Emirates is w…

DUBAI, United Arab Emirates (AP) — Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed

Reopening the waterway will only be a first step; crews must be changed, disrupted supply chains restarted and strategic energy reserves replenished.

"It's going to open and we hope that will happen quickly, but we will not stop the new plan."