Iran on Friday announced that the crucial Strait of Hormuz will remain open for commercial shipping for the duration of the ceasefire, offering a measure of relief to global energy markets and maritime trade.Iran’s Foreign Minister Seyed Abbas Araghchi said the passage for all commercial vessels through the strategically vital Strait of Hormuz has been declared “completely open” for the remaining period of the ceasefire.He added that shipping will be routed along coordinated corridors already notified by Iran’s Ports and Maritime Organisation, signalling an attempt to ensure predictability and safety of navigation through one of the world’s most sensitive maritime chokepoints.US President Donald Trump was quick to react to Iran’s announcement. “IRAN HAS JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE. THANK YOU!,” the US President posted on his Truth Social account.The announcement comes against the backdrop of heightened regional volatility, where disruptions in the Strait — through which a significant portion of global oil supplies transit — have repeatedly raised fears of supply shocks and price spikes in international markets.The move is expected to ease immediate concerns among major energy-importing nations, including India, which remain heavily dependent on uninterrupted flows through the Strait.The development marks a rare window of operational stability in an otherwise volatile theatre, with global attention now fixed on whether the ceasefire — and with it, secure maritime passage — can be sustained.