US President Trump posts "THE STRAIT OF HORMUZ IS COMPLETELY OPEN AND READY FOR BUSINESS AND FULL PASSAGE, BUT THE NAVAL BLOCKADE WILL REMAIN IN FULL FORCE AND EFFECT AS IT PERTAINS TO IRAN"

Newsquawk StaffPublished 17 Apr 2026, 13:47 UTC

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13:33

Hapag-Lloyd (HLAG GY) on reopening of Strait of Hormuz, says now beginning to assess the new situation and risks it poses; for the time being, will refrain from passing through the strait

13:30

The Iranian foreign minister’s announcement on Friday that the Strait of Hormuz is “completely open” for ships that use an Iranian-prescribed route doesn’t give the shipping industry assurances to resume traffic through the strait, via WSJ citing analyst

13:27

US President Trump posts "THE STRAIT OF HORMUZ IS COMPLETELY OPEN AND READY FOR BUSINESS AND FULL PASSAGE, BUT THE NAVAL BLOCKADE WILL REMAIN IN FULL FORCE AND EFFECT AS IT PERTAINS TO IRAN"

13:26

US military blockade of Iran remains in effect, according to a US official cited by Reuters

13:18

Pakistani journalist Mallick posts "To my understanding, talks between US and Iran could take place early in the coming week"

On the Newsquawk feed at 13:27, 20 minutes before this page.

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Full post: "THE STRAIT OF HORMUZ IS COMPLETELY OPEN AND READY FOR BUSINESS AND FULL PASSAGE, BUT THE NAVAL BLOCKADE WILL REMAIN IN FULL FORCE AND EFFECT AS IT PERTAINS TO IRAN, ONLY, UNTIL SUCH TIME AS OUR TRANSACTION WITH IRAN IS 100% COMPLETE. THIS PROCESS SHOULD GO VERY QUICKLY IN THAT MOST OF THE POINTS ARE ALREADY NEGOTIATED. THANK YOU FOR YOUR ATTENTION TO THIS MATTER! PRESIDENT DONALD J.TRUMP"

Context

President Trump's statement about the Strait of Hormuz being "completely open" while maintaining a naval blockade on Iran reflects a complex geopolitical situation. This could influence energy markets, particularly oil prices, as any tensions or disruptions in this key shipping route are critical. Traders should monitor how this announcement affects market sentiment towards risk assets, particularly in the energy sector, and any potential ripple effects on currencies such as the USD and JPY.

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