Trump Cheers Strait of Hormuz Reopening During Israel-Lebanon Ceasefire — but There’s a Big Catch

What the Strait of Hormuz reopening means for gas prices

U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 in late March.

Iran says Hormuz Strait ‘completely open;’ Trump says blockade ‘in full force’

Iran announced that the critical global shipping lane known as the Strait of Hormuz is “completely” open after being mostly closed since the war between the U.S. and Iran broke out earlier this year. “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period…

Daily on Energy: Quote of the week, Strait of Hormuz reopens, and a Supreme Court win for oil majors 

WHAT’S HAPPENING TODAY: Good afternoon and happy Friday, readers! There’s some notable news out of the Middle East today. Iran has reopened the Strait of Hormuz, allowing commercial ships to pass through. 🛢️🚢🇮🇷 The move comes as the Trump administration continues working toward a deal with Tehran, with just a few days left before the…

Strait of Hormuz ‘completely open’ until cease-fire’s end as Trump celebrates tumbling oil prices

Iranian Foreign Minister Seyed Abbas Araghchi on Friday announced that the Strait of Hormuz is now “completely open” for all ships — so long as the Israel-Lebanon cease-fire remains in.

BREAKING: The Strait of Hormuz Is Open