The Iranian Foreign Minister announced that the Strait of Hormuz is fully open to ships using designated routes. This news has given the shipping industry a hopeful outlook, but there is still a lack of sufficient information to make decisions, and it is not yet clear whether tolls will be charged to passing ships.

MarsBitNews

2026-04-18 00:24:59

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Mars Finance News, April 17 — According to the WSJ, an shipping industry analyst stated that Iran’s Foreign Minister announced on Friday that the Strait of Hormuz is “completely open” to ships using designated Iranian routes, but this does not convince the shipping industry that shipping activities through the strait can be resumed. Richard Meade, editor of Lloyd’s List, said: “From a shipping perspective, this is indeed promising, but at the moment it doesn’t provide anyone with enough clear information to make any decisions.” The Iranian Foreign Minister’s statement did not explicitly clarify whether Iran still plans to charge tolls to passing ships.

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Analyst: Iran's statements regarding the Strait of Hormuz did not provide clear information.

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