According to a high-ranking Iranian government representative, a potential agreement on a ceasefire framework could prompt Tehran to unblock the Strait of Hormuz as early as Thursday or Friday, ahead of a crucial meeting with US officials in Pakistan. This move would mark a significant shift in the global oil and gas market landscape, which has been severely disrupted by Iran’s blockade of the strategic waterway throughout the conflict. As part of a proposed ceasefire deal with the United States, Iran has committed to ensuring safe passage for vessels through the Strait of Hormuz. The official emphasized that any reopening of the Strait would be carefully coordinated with Iran’s military forces.
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