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

2027: NBC Warns Broadcasters, Bloggers Against Misinformation, Hate Speech

The National Broadcasting Commission (NBC) has warned broadcasters, online publishers, bloggers and other participants in…

1 hour ago

Tinubu directs EFCC-recovered funds, unclaimed dividends to student loan scheme

President Bola Tinubu has directed that liquid funds recovered by the Economic and Financial Crimes…

1 hour ago

Tinubu Appoints Abel Enitan as New Head of Civil Service

President Bola Tinubu has appointed Abel Enitan as the new Head of the Civil Service…

2 hours ago

Osun: Suspected Thugs Attack Adeleke’s Convoy After Palace Visit

Suspected thugs on Wednesday attacked the convoy of Osun State Governor, Ademola Adeleke, shortly after…

2 hours ago

Tinubu presides over FEC meeting

President Bola Tinubu is presiding over a meeting of the Federal Executive Council at the…

2 hours ago

Wike to Kingibe: You’ve Failed, Electoral Defeat Awaits You

Federal Capital Territory (FCT) Minister, Nyesom Wike, has launched another attack on Senator Ireti Kingibe,…

6 hours ago