Following Iran's announcement that the Strait of Hormuz is 'completely open' for commercial vessels, US President Donald Trump reaffirmed that the naval blockade will remain in place until a deal with Iran is finalized. Trump expressed confidence that negotiations are progressing swiftly, with most sticking points already addressed. He indicated that a successful agreement could lead to free oil flow and an open strait. Meanwhile, Iran's Foreign Minister, Abbas Araghchi, confirmed the strait's accessibility during the ongoing ceasefire in Lebanon, emphasizing that all commercial vessels can pass through. The announcement led to a 10% drop in crude oil prices, reflecting market reactions to the potential changes in oil transit. Trump also mentioned that Iran is prepared to transfer its 'nuclear dust' to the US, referring to highly enriched uranium, and assured that there would be no further uranium enrichment under the proposed deal.