Oil trade

Iran says Strait of Hormuz is open to commercial traffic during ceasefire, while U.S. blockade of Iranian ports remains

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Iran said Friday that commercial vessels can again transit the Strait of Hormuz under routes coordinated with Iranian authorities for the duration of a ceasefire, a claim echoed by U.S. President Donald Trump. But shipping risks — including concerns over sea mines and unclear security conditions — have kept many operators cautious, even as the United States maintains a blockade on traffic to and from Iranian ports.