Aخter Aly Kureshy💕

[Aخter Aly Kureshy💕 @akhtaradv]

https://t.co/EXL1nlPVny

[Haider Naqvi @IamHaiderSN]

The Understanding on Hormuz 👇… very imp

Iranian Declaration:

Foreign Minister Seyed Abbas Araghchi stated that vessels may pass through a "coordinated route"
managed by Iran's Ports and Maritime Organization.

Operational Conditions:

Ships are currently using a northerly route close to Iran’s coastline
specifically between the islands of Larak and Hormuz to avoid sea mines previously laid in the central channel.

Market Response:
Oil prices dropped roughly 3-4% on the news of the reopening, while global stock futures surged.

Ongoing Negotiations:

President Donald Trump has expressed optimism, stating a comprehensive peace deal between the U.S. and Iran is "very close" as a second round of talks is expected in Islamabad.

U.S. Blockade:

While Iran has opened the waterway, the United States is maintaining a blockade of Iranian ports and coastline (not the Strait itself) to prevent trade to and from Iran.
Over 10,000 U.S. service members and 12 ships are currently enforcing this measure

[Aخter Aly Kureshy💕 @akhtaradv]

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[Aخter Aly Kureshy💕 @akhtaradv]

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