Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Facts About Late Nollywood Veteran Actor, Francis Duru 

    October 23, 2026

    Constitutional Amendment On State Police Receives 24 States’ Approval 

    October 23, 2026

    3 Golds, Silver Won by Nigeria’s Female Boxers in Nairobi

    October 23, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Governor Dauda Lawal Signs Peace Accord Ahead of 2027 Elections, Reaffirms Commitment to Peaceful Poll

      October 20, 2026

      Ahead of 2027 Elections, INEC Forms C’ttee to Audit Warehouses, Airports, Seaports for Logistics

      October 15, 2026

      Atiku Presents Portal For Nigerians For Direct Interrogation

      October 15, 2026

      2027 Election List: INEC Reacts To Omission Of Candidates

      October 14, 2026

      INEC Distances Self From Fake 2027 Governorship Candidates’ List For Six States

      October 13, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment October 23, 2026

      Facts About Late Nollywood Veteran Actor, Francis Duru 

      Recent

      Facts About Late Nollywood Veteran Actor, Francis Duru 

      October 23, 2026

      Abuja International Film Festival Centres On AI, Filmmaking Ethics

      October 21, 2026

      Funnyurch Presents ‘Rich Dad Poor Dad’ Comedy Special For New Year, January 24

      October 20, 2026
    • Business

      After EU Pressure, Coca-Cola, Nestle Change Plastic Recycling Claims

      October 22, 2026

      Stanbic IBTC Champions Collaboration To Transform Nigerian Research Into Commercial Opportunities

      October 22, 2026

      FAAN Starts Concession Fees Collection As FG And Bi-Courtney Settle Dispute 

      October 21, 2026

      Nigerian And Indonesian Companies Sign $10m Business Deals

      October 16, 2026

      WIMBIZ Presents 25th Anniversary Logo, Offers N6m Grants

      October 14, 2026
    • Health

      NOA Cautions Against Self-medication For Ebola

      October 22, 2026

      FG Moves To Contain Spread Of Ebola, Partners Uganda For Traces

      October 22, 2026

      WHO Presents New Guidance For Heat-related Illness At Mass Gatherings

      October 1, 2026

      ZAMFARA RELEASE OF FIRST BATCH OF SUCCESSFUL APPLICANTS NURSES & MIDWIVES RECRUITMENT

      September 17, 2026

      Pastor Adeboye Of RCCG Donates Three Dialysis Machines To UBTH

      September 3, 2026
    • Culture

      GLO Sponsorship Commits To 2026 Ofala Festival As It Kicks Off

      October 8, 2026

      FG Plans To Launch African Global Festival In October, Strengthens Culture, Economy

      September 25, 2026

      Awujale Stool: Ruling House Commits Trust In Leaders, Disapproves Removal

      August 13, 2026

      Osun-Osogbo 2026: Nigeria-Africa Celebrates Yoruba Historic Heritage

      August 7, 2026

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026
    • Lifestyle

      Pa Fasoranti’s Family Declares December 17 For Late Leader’s Burial

      October 23, 2026

      Tinubu Congratulates Shettima on 60th Birthday, Calls him Patriot, Trusted Ally. 

      September 2, 2026

      Gov Dauda Lawal @ 61: A Functionalist In Power

      September 2, 2026

      Jay-Jay Okocha’s Daughter Unveils Wedding Picture In Spain

      August 31, 2026

      Oborevwori, Arigbodi Families Glorified God As Children’s Wedding Ends In Thanksgiving

      August 31, 2026
    • Sports

      3 Golds, Silver Won by Nigeria’s Female Boxers in Nairobi

      October 23, 2026

      Ahead Of Double-legged Olympic Qualifier Against DR Congo, Chelle Calls Home-Based Players For Preparation

      October 23, 2026

      FIFA U15 World Cup: Future Eagles Arrive In Baku, Will Face South Sudan On Saturday 

      October 23, 2026

      Normalisation Committee To Run Nigeria Football Until May 2027, Says FIFA

      October 23, 2026

      Flamingos Set For North Korea Clash In World Cup Battle

      October 22, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Iran Agrees to Opening of Strait of Hormuz for Commercial Purpose
    News

    Iran Agrees to Opening of Strait of Hormuz for Commercial Purpose

    Ifetayo AdeniyiBy Ifetayo AdeniyiApril 17, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Elegbede Abiodun

    … says only civilian vessels would be allowed passage through designated routes and with permission.

    Iran’s Foreign Minister Abbas Araghchi said Friday that the strategic Strait of Hormuz, vital for the global oil trade, will remain “completely open” to commercial ships as long as a ceasefire in the Middle East holds.

    “The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” Araghchi said on X.

    It was not clear whether he was speaking of the 10-day truce agreed by Lebanon and Israel that went into effect at midnight or an earlier two-week truce between Iran and the United States that began on April 8.

    Iran, which sent shockwaves through the global economy by essentially blocking passage through the crucial Strait, had made the extension of a ceasefire to Lebanon a condition of opening the waterway, state media reported.

    Lebanon was drawn into the broader war launched by the United States and Israel on February 28 when Hezbollah attacked Israel in support of Iran, its key ally.

    An Iranian senior military official told the state broadcaster that only civilian vessels would be allowed passage through designated routes and with permission of the navy of Iran’s Islamic Revolutionary Guard Corps.

    “The passage of military vessels through the Strait of Hormuz remains prohibited,” the official said.

    US President Donald Trump welcomed the Iranian announcement that the narrow waterway would be open, but said the US naval blockade of Iranian ports would remain in place until a peace deal with Tehran was reached.

    “The naval blockade will remain in full force and effect as it pertains to Iran, only, until such time as our transaction with Iran is 100% complete,” Trump said on his Truth Social network, adding that “this process should go very quickly”.

    Oil prices that had spiked during the supply disruptions plunged after the Iranian announcement of opening the Strait.

    AFP

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleTinubu Extends 2025 Budget Spending Deadline, Signs ₦68.32trn 2026 Bill Into Law
    Next Article Alert Group Has Secured CBN National Microfinance Licence
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News October 23, 2026

    Constitutional Amendment On State Police Receives 24 States’ Approval 

    News October 23, 2026

    Labour, FG Meeting End In Deadlock, Demands Wage, Fuel Prices Resolve by Tuesday

    News October 23, 2026

    Tinubu’s Reforms Yield Positive Outcome, Should Exceed 2027 ~ Chinese Envoy Claims

    News October 23, 2026

    Low-income Earners Aren’t Paying Tax Under New Law — NRS

    News October 23, 2026

    BOI Plans Creating 3m jobs, Raise Lending to N1.85tn by 2027

    News October 22, 2026

    Leasing Registration Compulsory For Procurement Contracts ~ FG

    Leave A Reply Cancel Reply

    Don't Miss
    Entertainment October 23, 2026

    Facts About Late Nollywood Veteran Actor, Francis Duru 

    Francis Duru, who died on Friday, October 23, 2026, following a brief illness, became a…

    Constitutional Amendment On State Police Receives 24 States’ Approval 

    October 23, 2026

    3 Golds, Silver Won by Nigeria’s Female Boxers in Nairobi

    October 23, 2026

    Pa Fasoranti’s Family Declares December 17 For Late Leader’s Burial

    October 23, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    [Watch] Thanksgiving Ceremony – 30 years of Lee Engineering Construction & Company Limited

    December 17, 2021

    Ochacho’s Midas Touch As Otukpo Wears New Look

    November 16, 2021

    Active Movie Producers And Marketers Association of Nigeria (AMPMAN)

    November 16, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.