**BREAKING NEWS – FXnCO Markets Desk**
US President Donald Trump announced Friday via Truth Social that a naval blockade will be lifted, allowing ships trapped in the Strait of Hormuz to begin returning home. The development signals an immediate de-escalation in one of the world’s most critical oil shipping chokepoints, through which roughly one-fifth of global petroleum passes daily.
The announcement comes after heightened tensions that had disrupted maritime traffic through the strategic waterway connecting the Persian Gulf to global markets. Traders should expect immediate pressure relief on crude oil prices, which had spiked on supply disruption fears during the blockade period. Energy markets will likely see increased volatility in Friday’s session as the news filters through global exchanges. Shipping and logistics stocks may rally on restored passage, while safe-haven assets could retreat as geopolitical risk premiums compress.
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FXnCO Insight
** Monitor WTI and Brent crude for sharp downside moves as supply route normalization could trigger profit-taking on recently inflated oil positions.
Source: FXStreet