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The Strait of Hormuz Is Open. Now What? | Big Take
Posted
April 17, 2026
Views
3,754
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46
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April 17, 2026
3,754
46
10
1.49%
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15:47Now PlayingThe Strait of Hormuz is now open. In a social media post Friday morning, Iran’s Foreign Minister wrote that Iran will be letting ships through the vital waterway for the duration of a 10-day ceasefire in Lebanon. Oil prices fell, and President Trump celebrated. But Iran’s announcement came with a big caveat: Travel must use a “coordinated route,” specified by Iran.
On today’s Big Take, host David Gura and Bloomberg’s Middle East breaking news editor, Patrick Sykes, talk through Iran’s dramatic reversal, how open the Strait of Hormuz really is — and how long the latest ceasefire might hold.
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The Strait of Hormuz Is Open. Now What?
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