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Shippers cautious as Iran reopens Strait of Hormuz

Iran announced it was reopening the vital Strait of Hormuz to commercial freight after nearly seven weeks closed, drawing a guarded reaction from the shipping industry.

Published Apr 17, 2026, 1:08 PM EDT | WFMZZ

Iran announced it was reopening the crucial Strait of Hormuz trade route to commercial freight after nearly seven weeks closed. Shipping industry figures gave a cautious welcome to the move on Friday.