“The ​Strait of ⁠Hormuz is completely open and ready ‌for business and full passage, but 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,” he wrote on Truth Social ‌in ​all ​caps.

The US-Israeli attack on Iran, which started on February 28, has killed thousands ⁠of people and ⁠destabilised the Middle East. The conflict also effectively closed the Strait of Hormuz, through which ⁠a fifth ‌of the world’s oil and liquefied ​natural gas transits, threatening the worst oil ‌shock in history.

All ships can sail through the Strait of Hormuz, but this needs to be coordinated with Iran’s Islamic Revolutionary Guard Corps (IRGC), a senior Iranian official told Reuters, adding that unfreezing Iranian funds was part of the deal.

Foreign Minister Abbas Araqchi wrote on ⁠X ​that the strait was open after a ceasefire accord was agreed in Lebanon, while US President Donald Trump said he believed a deal to end the Iran ​war ​would come “soon”, although the timing remains ⁠unclear.

The Iranian official said transits would be restricted to lanes that Iran deemed ‌safe, adding that military vessels were still prohibited from crossing the strait.

It was not immediately clear if this included or excluded the established Traffic Separation Scheme (TSS) lanes for entering and exiting the Gulf used by international shipping since the 1970s.

“Even US ⁠vessels would be ⁠permitted, excluding military ships,” he said.

The official added that certain routes through Hormuz ⁠would remain ‌open, but added that those would ​need to be determined as secure by ‌Iran.