Iran said the Strait of Hormuz has reopened to commercial shipping for the duration of a ceasefire, easing pressure on global energy markets and prompting a drop in oil prices. The announcement came as a 10-day ceasefire between Israel and Lebanon entered into force, with Israeli forces maintaining their illegal occupation in southern Lebanon. Iran’s foreign minister Abbas Araghchi said the passage for all commercial vessels was “completely open for the remaining period of ceasefire”, in ...