Brief by Shorts91 Newsdesk / 10:10am on 10 Apr 2026,Friday International
A fragile ceasefire between the US and Iran has led to partial reopening of the strategically vital Strait of Hormuz, but under strict conditions. Iran will permit only up to 15 ships per day, with each vessel requiring approval from the Islamic Revolutionary Guard Corps (IRGC). The move signals continued control over global oil flows, as the strait carries about one-fifth of the world’s seaborne crude. Tehran has also demanded the unfreezing of its overseas assets and restrictions on US military presence. Despite the truce, shipping remains heavily constrained, indicating ongoing geopolitical tensions and uncertainty in global energy markets. (PC: NDTV)
