World News

Strait of Hormuz reopens as US, Iran agree to two-week ceasefire

The strategic Strait of Hormuz has reopened following a two-week ceasefire agreement between the United States and Iran.

 

The ceasefire, announced by U.S. President Donald Trump and confirmed by Iranian authorities, will allow safe passage through the vital shipping route, which is critical to global oil and gas trade.

 

Iran’s Foreign Minister, Abbas Araghchi, stated that navigation through the strait would resume under coordination with Iran’s armed forces, noting that operations would take into account “technical limitations.”

 

The development follows weeks of heightened tensions after large-scale attacks involving the United States and Israel reportedly disrupted activities in the region. As part of the ceasefire terms, Israel is also expected to comply with what Trump described as a “double-sided ceasefire.”

 

Pakistan played a mediating role in the agreement, with Prime Minister Shehbaz Sharif welcoming the truce and inviting both parties to Islamabad for further negotiations aimed at reaching a lasting resolution.

 

According to U.S. officials, Iran has submitted a 10-point proposal considered a workable basis for continued talks, reportedly including calls for the lifting of sanctions.

 

The reopening of the Strait is expected to ease pressure on global energy markets, as the waterway is one of the most critical routes for international oil shipments.

Olayinka Babatunde

Recent Posts

Amnesty faults NBC directive,Warns against media clampdown

Amnesty faults NBC directive, warns against media clampdown   Amnesty International has criticised a recent…

33 minutes ago

Lagos APC Cautions Members Over Early Endorsements, Warns Against Imposed ‘Consensus Candidates’

The Lagos State chapter of the All Progressives Congress (APC) has cautioned its members against…

6 hours ago

FCT Teachers Declare Indefinite Strike Over Unmet Welfare Demands

Primary and secondary school teachers in the Federal Capital Territory (FCT) have embarked on an…

6 hours ago

Amaechi Hosts Obi, Umeh, Others in Abuja, Opposition Leaders Plot 2027 Political Realignment

Former Minister of Transportation, Rotimi Amaechi, on Saturday hosted Labour Party’s 2023 presidential candidate, Peter…

6 hours ago

NBC advisory an attempt to gag media ahead of elections — Atiku

Former Vice-President, Atiku Abubakar, has criticised the recent advisory issued by the National Broadcasting Commission…

6 hours ago

Presidency Behind ADC Crisis, Group Alleges Over Tinubu’s Villa Remarks

— Says President’s comments confirm interference in opposition party affairs   The Grassroots Mobilisation Network,…

7 hours ago