Strait of Hormuz completely open, Iran says - CBS New York
Iran declared the Strait of Hormuz completely open to all commercial shipping traffic Friday, sending stocks soaring as oil prices plummeted.
www.cbsnews.comHere’s the latest on the Strait of Hormuz being open, based on recent reporting.
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Multiple outlets in mid-April 2026 reported that Iran and US officials announced the Strait of Hormuz was “completely open” to commercial vessels for the duration of a Lebanon ceasefire, with qualification that movements would follow Iran-designated routes and that a US naval blockade of Iranian ports remained in effect. This produced a sharp drop in oil prices and improved market sentiment in the immediate aftermath.[2][3][4]
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By the weekend following those announcements, some sources noted continued restrictions or conditional reopenings, including reports of corridors requiring coordination with Iran’s IRGC Navy and warnings from the US Navy about potential mines, suggesting the situation was fluid and subject to change rather than a permanent reopening.[3][2]
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Broader regional and market responses were mixed: some governments and analysts welcomed the reopening as a step toward stabilizing shipping and energy markets, while others cautioned that reopening could be reversible and that security arrangements remained uncertain, given ongoing conflict in the region.[2][3]
Context to watch from Montréal/Quebec perspective:
- Global oil prices and shipping costs can influence energy prices and transport costs in Canada’s economy, so tracking official statements and maritime notices remains important for market planning.[3]
- If you’re trading or importing, verify the latest maritime notices and corridor requirements, as Iran has indicated routes may be restricted or altered by security concerns.[3]
One example of a current summary you can follow:
- “The Strait of Hormuz was reported as open to commercial traffic, but with route constraints and ongoing US sanctions questions; the status has been described as fragile and possibly reversible, depending on broader conflict dynamics and ceasefire commitments”.[2][3]
Would you like a brief table comparing the key claims from the latest reports and their dates, or a short news digest with the most recent developments from a specific source? I can also pull a quick chart of reported oil price moves around the opening news if you’d like.