Breaking: Iran to Allow Free Passage Through Hormuz Strait for 30 Days After US Peace Deal

Jakarta, CNBC Indonesia – Iran and the United States (US) are reported to be discussing plans to reopen the Hormuz Strait approximately 30 days after the two nations reach a peace agreement. The information was revealed by Japanese newspaper Nikkei on Monday, 26 May 2026, citing Middle Eastern diplomatic sources.

According to the report, Iran will continue mine-clearing operations in the Hormuz Strait during a 30-day transition period after the agreement is reached. Once the process is complete, ships from all countries will be able to navigate the strategic waterway safely and freely.

Furthermore, Iran is reportedly set to cease the transit fees previously imposed on vessels passing through the Hormuz Strait.

“After the 30-day period, ships from all nations will be able to sail freely and safely,” reported Nikkei, citing Middle Eastern diplomatic sources on Tuesday, 26 May 2026.

The Hormuz Strait is one of the world’s most critical energy trade routes, with approximately one-fifth of global oil supplies passing through daily. Tensions in the region have previously caused volatility in global energy markets due to concerns over disrupted crude oil distribution.

Previously, the US and Iran agreed to a temporary ceasefire in early April. According to Nikkei, the ceasefire will be extended for 60 days to allow further negotiations on Iran’s nuclear programme.

During the two-month hiatus, the two nations are expected to hold intensive talks to discuss the future of Tehran’s nuclear development and efforts to normalise bilateral relations.