Iran’s foreign minister Abbas Araghchi said that the Strait of Hormuz is “completely open” for all commercial shipping. He added that this decision will stay in place during the ceasefire between Israel and Lebanon. This means ships carrying goods like oil and other trade items can pass through the strait without restrictions. The Strait of Hormuz is one of the most important sea routes in the world for global oil transport, so keeping it open is important for international trade and energy supply.