Iran reopens Hormuz to commercial vessels…. For Now

Iranian Foreign Minister Abbas Araghchi announced on Friday the reopening of the Hormuz Strait to commercial vessels following a ceasefire between Israel and Lebanon. “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran,” Araghchi said. Previously, Pakistani Prime Minister Shehbaz Sharif praised the recent ceasefire agreement, while US President Donald Trump declared that the war in Iran should end pretty soon.

NN: Besides the fact gulf production has been cut in half due to war time damage. They forgot to  mention the US is still embargoing Iranian oil shipments. How long do you think Iran will let the good times roll?