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A 10-day ceasefire between Israel and Lebanon has commenced, though reports of sporadic shelling have raised concerns despite the initial celebrations.
Iran has pledged to keep the Strait of Hormuz fully open throughout the Lebanon ceasefire, prompting a message of gratitude from Donald Trump.
International oil prices dropped significantly, with Brent crude falling over 11%, following reports that the Strait of Hormuz would remain open.
Donald Trump claimed that Iran has agreed not to close the Strait of Hormuz again and is currently removing naval mines with the help of the United States.
The United Kingdom and France have called for the unconditional opening of the Strait of Hormuz, highlighting a 12-nation mission to ensure freedom of navigation.
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