Senior Iranian Official says Iran could open Hormuz on Thursday or Friday ahead of a meeting with the US in Pakistan if a ceasefire framework is reached, according to Reuters

The announcement regarding the potential reopening of the Strait of Hormuz signals a possible de-escalation in tensions between Iran and the US.

Newsquawk StaffPublished 8 Apr 2026, 12:15 UTCOn the live feed at 11:55 UTC — 5 more headlines followed before this page went public

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11:55

Senior Iranian Official says Iran could open Hormuz on Thursday or Friday ahead of a meeting with the US in Pakistan if a ceasefire framework is reached, according to Reuters

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11:44

Iran demands fees for ships passing Hormuz during ceasefire, FT reports; Iran will demand that shipping companies pay tolls in cryptocurrency for laden oil Tankers passing through the Strait of Hormuz

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Reopening would be limited and in coordination with Iranian military still required for all vessels.

Context

If a ceasefire framework is indeed agreed upon, this could affect oil supply dynamics, notably impacting WTI prices and broader energy markets, given the strait's critical role in global oil transportation. However, the limited reopening, contingent on military coordination, suggests that any immediate effects will be closely monitored and may be tempered by ongoing risks.

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