Strait of Hormuz Reopens for Commercial Shipping Following Ceasefire (legrandcontinent.eu)

• Iran mandates coordinated shipping lanes for commercial traffic
• Brent crude oil prices dropped to sub-$90 levels
• Maritime security verification remains incomplete

"Iran has reopened the Strait of Hormuz for commercial shipping along pre-coordinated routes, coinciding with the ceasefire in Lebanon. This de-escalation caused Brent crude prices to fall below $90 per barrel. While the announcement signals a temporary return to trade, maritime security remains precarious, with questions lingering over the status of sea mines outside designated corridors. The shift follows a period of intense US naval interdiction that forced multiple commercial vessels to divert earlier this week."