Strait of Hormuz will 'not remain open' if US blockade continues, Iranian official warns
US President Donald Trump says the blockade will continue until a peace deal is reached, adding the waterway is "open and ready for business" Edited by Jenna Moon and Jack Burgess, with reporting from BBC Persian and teams across the Middle East Oil prices fall by nearly 10% after Iran's announcement - but analysts warn there could be a hit to prices that outlast hostilities The Strait of Hormuz is "declared completely open" for the "remaining period of ceasefire,