Zürcher Nachrichten - Iran declares Hormuz open as Lebanon ceasefire begins

EUR -
AED 4.151034
AFN 72.339261
ALL 92.10006
AMD 412.371884
ANG 2.023653
AOA 1036.48668
ARS 1723.712792
AUD 1.625643
AWG 2.037369
AZN 1.922347
BAM 1.958992
BBD 2.278412
BDT 139.086616
BGN 1.902796
BHD 0.426495
BIF 3395.93305
BMD 1.130302
BND 1.448396
BOB 13.625139
BRL 5.861179
BSD 1.131243
BTN 109.022632
BWP 16.003074
BYN 3.407501
BYR 22153.911734
BZD 2.275107
CAD 1.609883
CDF 2613.82088
CHF 0.943819
CLF 0.027958
CLP 1103.920714
CNY 7.578389
CNH 7.591609
COP 3746.712504
CRC 516.8192
CUC 1.130302
CUP 27.148032
CVE 110.44495
CZK 24.455828
DJF 201.437314
DKK 7.475634
DOP 67.587131
DZD 151.209455
EGP 59.107201
ERN 16.954524
ETB 184.776059
FJD 2.541766
FKP 0.852035
GBP 0.853835
GEL 2.933133
GGP 0.852035
GHS 13.252534
GIP 0.852035
GMD 83.642607
GNF 9951.213677
GTQ 8.641698
GYD 236.624489
HKD 8.869985
HNL 30.366133
HRK 7.536177
HTG 148.044663
HUF 366.982375
IDR 20321.69281
ILS 3.475666
IMP 0.852035
INR 108.766382
IQD 1481.84885
IRR 1914561.397723
ISK 136.994181
JEP 0.852035
JMD 178.170296
JOD 0.801425
JPY 178.49893
KES 146.657017
KGS 98.841487
KHR 4581.261669
KMF 491.681236
KPW 1017.271817
KRW 1537.933997
KWD 0.34906
KYD 0.942736
KZT 501.256706
LAK 25367.331412
LBP 101300.101818
LKR 373.822539
LRD 193.945999
LSL 18.736227
LTL 3.337487
LVL 0.683708
LYD 7.246807
MAD 11.032175
MDL 20.141817
MGA 4995.138662
MKD 61.670481
MMK 2373.38835
MNT 4066.886039
MOP 9.143498
MRU 45.289791
MUR 54.050821
MVR 17.474568
MWK 1961.495898
MXN 20.517144
MYR 4.6174
MZN 72.229824
NAD 18.735397
NGN 1500.80301
NIO 41.627825
NOK 10.872394
NPR 174.433893
NZD 2.01231
OMR 0.434609
PAB 1.131243
PEN 3.903159
PGK 5.046222
PHP 70.989743
PKR 313.361804
PLN 4.373724
PYG 6591.740031
QAR 4.123418
RON 5.283017
RSD 117.54912
RUB 94.3856
RWF 1669.219687
SAR 4.245631
SBD 9.115929
SCR 15.556917
SDG 679.876577
SEK 11.329793
SGD 1.44639
SHP 0.852897
SLE 27.79414
SLL 23701.850625
SOS 646.453277
SRD 42.523645
STD 23394.961445
STN 24.539983
SVC 9.898127
SYP 14696.181939
SZL 18.728515
THB 38.029036
TJS 10.418429
TMT 3.956056
TND 3.36318
TOP 2.721495
TRY 55.424111
TTD 7.674504
TWD 36.075496
TZS 2978.348168
UAH 50.795161
UGX 4491.317778
USD 1.130302
UYU 45.53419
UZS 13370.785241
VES 971.042177
VND 29367.496667
VUV 135.351185
WST 3.137944
XAF 655.957
XAG 0.018526
XAU 0.000270409674
XCD 3.054697
XCG 2.038631
XDR 0.799182
XOF 655.957
XPF 119.331742
YER 267.231607
ZAR 18.684327
ZMK 10174.069924
ZMW 22.245245
ZWL 363.95666
SSP 6456.951873
MXV 2.321987
  • BCE

    -0.3750

    19.965

    -1.88%

  • CMSC

    0.0200

    19.55

    +0.1%

  • GSK

    -0.4950

    47.675

    -1.04%

  • RIO

    -2.3750

    91.795

    -2.59%

  • BCC

    -1.0000

    73.15

    -1.37%

  • NGG

    -0.6800

    75.14

    -0.9%

  • CMSD

    -0.1000

    19.71

    -0.51%

  • RBGPF

    0.0000

    65

    0%

  • BTI

    -0.8250

    53.575

    -1.54%

  • AZN

    -2.0600

    159.41

    -1.29%

  • RYCEF

    -0.2000

    19.4

    -1.03%

  • BP

    0.3200

    44.31

    +0.72%

  • VOD

    0.0100

    16.16

    +0.06%

  • JRI

    -0.1220

    10.648

    -1.15%

  • RELX

    0.0800

    33.26

    +0.24%

Iran declares Hormuz open as Lebanon ceasefire begins
Iran declares Hormuz open as Lebanon ceasefire begins / Photo: FADEL itani - AFP

Iran declares Hormuz open as Lebanon ceasefire begins

Tehran declared the Strait of Hormuz open to commercial shipping on Friday, as a ceasefire came into effect in Lebanon, raising hopes that two of the main obstacles to a US-Iran peace deal could have been cleared.

Text size:

In Lebanon, displaced families packed their belongings onto the roofs of their cars and thronged the roads, taking the chance of a 10-day truce to return to homes in bomb-damaged south Beirut or the war-torn south of the country.

After the start of the truce in Lebanon, where Israel has been fighting Tehran's ally Hezbollah, Foreign Minister Abbas Araghchi said Iran would lift its blockade on shipping through the key Gulf energy trade route.

"In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire," Araghchi said.

Military vessels are still banned from the waterway, a senior Iranian military official told state media.

President Donald Trump immediately welcomed Iran's announcement, saying "THANK YOU!" in a post on his social media platform, but also went on to warn that the US blockade of Iran's ports would continue.

- Wartime restrictions lifted -

"The naval blockade will remain in full force and effect as it pertains to Iran, only, until such time as our transaction with Iran is 100% complete," Trump said, referring to ongoing diplomatic efforts to secure a negotiated peace.

Oil prices had already been falling amid hopes of a negotiated end to the conflict, in which both Iran and the United States have sought to control shipping out of the Gulf, and the drop accelerated sharply after Iran's announcement.

Separately, the Israeli military said it was lifting wartime restrictions, allowing civilian movement and economic activity to return to normal, although Prime Minister Benjamin Netanyahu warned that the campaign against Hezbollah was not over.

"We have not yet finished the job. There are things we plan to do to address the remaining rocket threat and the drone threat," Netanyahu said in a recorded address, saying a key objective was the "dismantling of Hezbollah".

Trump, however, rebuffed this idea, promising that the United States would work with Lebanon to "deal with" Hezbollah.

"Israel will not be bombing Lebanon any longer. They are PROHIBITED from doing so by the U.S.A. Enough is enough!!!" Trump said, in another social media post.

Minutes before the ceasefire came into effect at midnight, a series of Israeli strikes in the southern city of Tyre killed at least 13 people and destroyed six residential buildings, a city official said.

Despite this, and despite Israel's warnings, tens of thousands of displaced Lebanese civilians took to the road.

"Our feelings are indescribable, pride and victory," 37-year-old Amani Atrash told AFP from her car seat on a road leading to a bridge into southern Lebanon, adding that she hoped the truce would be extended.

- 'Security zone' -

Under the terms of the ceasefire, Israel reserves the right to continue targeting Hezbollah to prevent "planned, imminent or ongoing attacks", and it says it will maintain a 10-kilometre (six-mile) security zone along the border in southern Lebanon.

Israeli Defence Minister Israel Katz said the area between this security zone and the Litani River had not yet been "cleared of terrorists and weapons" and that if diplomatic pressure did not achieve that goal, then military action could resume.

"If the fighting resumes, those residents who return to the security zone will have to be evacuated to allow completion of the mission," he said.

According to details of the truce deal released by the US State Department, Lebanon "with international support... will take meaningful steps to prevent Hezbollah" from undertaking hostile acts against Israeli targets.

Lebanon's President Joseph Aoun, who had been resisting US pressure to talk directly to Netanyahu before the ceasefire was in place, said nonetheless that now a truce was in place direct negotiations with Israel were "crucial".

Beirut's goal, he said in a statement, was to "consolidate a ceasefire, secure the withdrawal of Israeli forces from the occupied southern territories, recover prisoners and address outstanding border disputes".

Hezbollah, meanwhile, said its finger remained "on the trigger" in the event of any Israeli violations.

- Deal 'very close'? -

The ceasefire and the reopening of the strait represent a key step in Washington's efforts to reach a deal to end its war with Iran, after Tehran insisted that halting the Lebanon fighting must be part of any agreement.

Pakistan has been leading a diplomatic push to restart face-to-face talks between Tehran and Washington, and Trump said they were "very close" to striking an agreement.

The fighting broke out in Lebanon on March 2 when Hezbollah fired rockets at Israel a few days after the start of the Middle East war in retribution for the killing of Iran's supreme leader Ali Khamenei.

burs/dc/amj

F.E.Ackermann--NZN