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Iran Reopens Strait of Hormuz Under Two-Week Ceasefire with US and Israel

08 April, 2026.Iran.15 sources

Key Takeaways

Oman and Iran are negotiating steps to ensure unimpeded Hormuz transit.
A two-week ceasefire among U.S., Iran, and Israel allows limited reopening of Hormuz.
Iran proposes charging ships a transit fee as part of Hormuz reopening terms.

Ceasefire and Hormuz

Iran, the US, and Israel reached a tentative two-week ceasefire that included Iran reopening the Strait of Hormuz.

Iran and Oman would be allowed to charge transit fees, potentially up to $2 million per vessel.

Al Jazeera

The US demanded Iran reopen Hormuz after Iran closed it in response to Israeli attacks on Hezbollah.

Conflicting interpretations emerged over whether the ceasefire covered Lebanon.

Pro-government demonstrators in Tehran chanted death slogans after the ceasefire announcement.

Dueling Ceasefire Visions

Trump initially called Iran's 10-point plan workable but then labeled it fraudulent.

Iran insisted the ceasefire included Lebanon, while Netanyahu said it did not.

Al-Sahifa Ajil

Gulf News detailed Iran's 10-point proposal including sanctions relief and reconstruction funding.

Many countries oppose charging tolls in a natural strait.

The Atlantic Council had described the campaign as a high-risk gamble.

Regional Reactions and Oil Markets

Oil prices fell below $100 per barrel as uncertainty receded.

“Trump's deadline looms but Asian nations already have deals with Iran On Monday, US President Donald Trump threatened to take out Iran "in one night" if it failed to agree a deal by 20:00 Washington DC time on Tuesday (00:00GMT Wednesday) to reopen the Strait of Hormuz”