US Iran Ceasefire LIVE | Will Hormuz Reopening Ease Global Oil Crisis? | N18G

After weeks of war, the Strait of Hormuz is reopening—but not without conditions. Donald Trump says the US will help manage traffic, marking a sharp shift from recent threats. Iran, however, retains tight control. Abbas Araghchi has confirmed that ships can pass only under Iranian coordination and “technical limitations.” Tehran is also moving to impose transit fees, raising fresh concerns for global shipping. With nearly 20% of the world’s oil flowing through this narrow route, even a partial disruption has global consequences. Hundreds of vessels remain stuck, and any recovery will be slow.

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