European stocks closed on a strong note on Friday, buoyed by news that Iran has declared the Strait of Hormuz completely open to commercial traffic on the heels of the 10-day ceasefire between Israel and Lebanon.

U.S. President Donald Trump said in a post on Truth Social that the Strait of Hormuz is “completely open and ready for business” but said the U.S. will continue its blockade of Iranian ports until a final peace agreement is reached.

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European Stocks Close On Strong Note After Iran Opens Strait Of Hormuz For Commercial Traffic

2026-04-17 17:19:17

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