Iran Hormuz Open News: Iran has completely opened the Strait of Hormuz. US President Donald Trump has announced this by posting on Instagram. News agency AP has reported that immediately after this decision of Iran, the prices of crude oil fell by 10 percent.

For a long time, the world was afraid that due to the ongoing tension in the Middle East, the supply of oil would stop, but after this statement of Trump, that fear has reduced. The market now hopes that the conflict in West Asia will be resolved soon. Now oil prices may fall further in the coming days, which may bring great relief to the common man’s pocket.

BREAKING: President Trump and Iran’s foreign minister say the Strait of Hormuz is now fully open. Crude oil prices tumbled 10% after the announcements. https://t.co/d44au7X8UP

— The Associated Press (@AP) April 17, 2026

What did Iran’s Foreign Minister tell?

“In view of the ceasefire in Lebanon, the route has been declared completely open for all commercial ships passing through Hormuz,” Iran’s Foreign Minister Abbas Araghchi wrote in a post on ‘X’.

Concerns reduced about supply disruptions

After the fall in oil prices, Kaveri More, Technical Research Department (Commodities) at Choice Broking, said, “Crude oil futures prices fell after Donald Trump expressed optimism about a possible deal with Iran, which reduced concerns about prolonged supply disruptions.”

Trump indicated that Iran could accept conditions such as giving up its nuclear ambitions, reopening the Strait of Hormuz and providing ‘free oil’. In the international market, crude oil futures prices have come down due to hopes of an early resolution of the conflict in West Asia.

Also read-

‘National interest’ first, India’s big announcement, Russian oil will not stop despite US ban, purchase will continue

Iran War LPG Supply India: After the ceasefire, Iran has made an important announcement regarding maritime trade. Iran has now completely opened the Strait of Hormuz for all commercial ships. India has heaved a sigh of relief with this decision of Iran. Due to the beginning of the war, the crisis of supply of LPG gas and petroleum products had started in India, but now this crisis seems to be averted.

Iran’s Foreign Minister Abbas Araghchi informed on social media platform ‘X’ that as long as the ceasefire is in force, all commercial ships will be able to pass through this route safely without any hindrance. Iran has taken this decision after the recently declared 10-day ceasefire in Lebanon. US President Donald Trump has welcomed and thanked Iran for this decision.

Hormuz is one of the most important sea routes in the world. A large part of global oil trade passes through this route. This step of Iran is expected to provide great relief to international trade and oil supply chain. This will strengthen global trade.

What will be the impact on India?

The opening of Hormuz is a big relief news for India. India imports about 88 percent of its crude oil needs and a large part of it comes via Hormuz. Now oil tankers from Gulf countries Saudi Arabia, Iraq and UAE will be able to reach Indian ports directly.

According to latest reports, after months of tension and blockade, movement of ships is now starting through this route. Today news has come that three Iranian tankers carrying 5 million barrels of oil have left via Hormuz, which is a sign of reactivation of the supply chain. This may provide relief to the prices of petrol and diesel in the domestic market.

Tension on LPG ends

Let us tell you that more than half of India’s supply of LPG i.e. cooking gas used to come via Hormuz, which fell to half during the crisis. With the opening of the route, the shortage of gas coming from Qatar and UAE will be removed, which is expected to provide relief from the shortage and high prices of LPG in the country.

What is the latest situation on Hormuz?

According to reports, a total of 15 to 16 Indian ships were stranded in Hormuz. These mainly included LPG and crude oil tankers. Recently ships like ‘Jag Vikram’, ‘Green Salvi’ and ‘Green Asha’ have safely transited Hormuz. There are still some ships en route, whose safety is being monitored by the Indian Navy.

Also read-

Market boomed due to Trump’s ‘Thank You’ post, huge fall of 10% in crude oil prices as soon as Hormuz opened.