A new update from Donald Trump points to a possible de-escalation in the Middle East.
In a White House post, Trump said Iran has agreed to fully reopen the Strait of Hormuz, a critical global shipping route, allowing commercial vessels to pass again after recent tensions in the region.
The move is being framed as a positive step tied to a broader ceasefire dynamic.
It comes alongside an Israel–Lebanon ceasefire that took effect around April 16–17, with Iran reportedly limiting the reopening to align with the ceasefire window, expected to run through roughly April 26–27.
Markets reacted quickly.
Oil prices dropped by more than 8%, signaling investor optimism that supply disruptions may ease if the situation holds. The Strait of Hormuz is one of the world’s most important transit chokepoints, with a significant share of global oil shipments passing through it daily.
The development could also open the door for diplomacy.
According to the post, further U.S.–Iran talks are expected soon, with negotiations reportedly scheduled for the following Sunday.
Supporters see the reopening as a sign that pressure and diplomacy are working together to stabilize the region. Others caution that the move is temporary and tied to a fragile ceasefire, meaning conditions could shift quickly.
For now, the reopening is being watched closely, not just as a geopolitical signal, but as a key factor influencing global energy markets and the next phase of negotiations.