Iran Declares Hormuz Fully Open, Potential Energy Shrinkage
Iran announced on Thursday that the Strait of Hormuz is now “fully open” to commercial traffic, a major signal toward de-escalation after a war with the US and Israel that had previously driven up energy prices. Foreign Minister Abbas Araghchi stated at X that the passage of all commercial vessels through Hormuz was fully open for the remainder of the ceasefire period.
Araghchi said that vessels could pass through a “coordinated route” as announced by Iranian authorities. This formulation suggests that the opening is being carried out under a specific regulatory mechanism, focusing market attention on implementation on the ground, rather than merely political statements.
The Hormuz announcement was linked to the 10-day ceasefire between Lebanon and Israel announced by US President Donald Trump on Thursday night. The move is seen as easing tensions involving Iran and opening up space for broader stabilization in the region.
For the market, the opening of Hormuz has the potential to change energy risk assessments: if commercial flows truly resume, supply risk premiums are likely to decline and inflationary pressures from energy channels could ease. The impact could ripple through global risk sentiment, boosting riskier assets and testing the safe-haven support of the dollar and gold.
However, the next direction remains dependent on policy consistency during the remaining ceasefire period, including adherence to the "coordinated route" and whether the opening persists without further disruption. Markets will likely monitor ship movements and the responses of the parties involved as key indicators of whether the de-escalation is substantial or temporary. (gn)
Source: Newsmaker.id
