Iran: If a ceasefire framework agreement is reached before the US-Iran meeting, the Strait of Hormuz may open on Thursday or Friday

**April 8: Senior Iranian Official Says Strait of Hormuz May Reopen This Week If Ceasefire Framework Reached Before U.S.-Iran Islamabad Talks** A senior Iranian official stated on April 8 that if a ceasefire framework agreement is reached prior to the U.S.-Iran meeting in Islamabad, Iran could reopen the Strait of Hormuz on Thursday or Friday. The waterway’s reopening will be limited, require coordination with the Iranian military, and all vessels will still need to secure permission. Earlier reports noted delegations from both countries are expected to hold further discussions in Islamabad on April 10 to reach a final agreement resolving all disputes. Per PolyBeats monitoring, the probability of “navigation resuming in the Strait of Hormuz this month” on the prediction market Polymarket has jumped from 26% to 41% in less than an hour.