Iran: Strait of Hormuz open during ceasefire
President Trump and Iranian officials have said the Strait of Hormuz is open to all commercial vessels, although shipping firms say they're remaining cautious. Iran's foreign minister, Abbas Araghchi, said the vital waterway would be navigable while the Lebanon ceasefire was in place, warning ships to use designated safe lanes. But Tehran warned it may retract this if Mr Trump continued with his threat to maintain a US blockade on Iranian ports until a comprehensive peace deal is reached. The price of oil has dropped on the announcement. Also in the programme: finance chiefs warn that a new…
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