Iran's Foreign Ministry Spokesperson Baghaei says parties not involved in the war have had vessels pass through Hormuz with coordination and permission from Iran's military. The Strait of Hormuz is only closed to the enemies of Iran.

Iran's Foreign Ministry Spokesperson Baghaei says parties not involved in the war have had vessels pass through Hormuz with coordination and permission from Iran's military. The Strait of Hormuz is only closed to the enemies of Iran.

This statement from Iran's Foreign Ministry indicates a degree of restraint regarding maritime activities in the Strait of Hormuz, potentially reassuring global markets about energy security in the region. It suggests that Iran may be signaling a controlled approach to shipping access, which could ease concerns about major supply disruptions and influence WTI prices in the near term, especially if tensions escalate or de-escalate further.