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Iran18 Apr

Iran declares Strait of Hormuz open

Analysts warn the Strait of Hormuz reopening will not fully resolve the oil crisis as shipping and insurance firms remain wary of long-term security.

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2 verified
Location
Strait of Hormuz
Updated
Saturday, 18 April 2026 at 16:37 UTC
Iran declares Strait of Hormuz open
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Synthesis · 2 sources
Iran's Foreign Minister Hossein Amir-Abdollahian declared the Strait of Hormuz 'completely open' on April 17, 2026, reversing its recent closure. However, analysts cited by The New York Times say energy and shipping companies will not fully resume operations until they are certain hostilities have completely ended. If the long-term security of the strait is not guaranteed, insurance companies and shipping lines will continue to refuse to send ships through this vital waterway, meaning the reopening can only partially alleviate the ongoing global oil crisis.
Updates · 1
18 Aprسپاه سایبری پاسداران IRGC 🏴

Analysts cited by The New York Times warn that the reopening will not fully resolve the oil crisis, as shipping and insurance firms remain wary of long-term security.

e/eineurope · topic · T-00893