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Reopening the Strait of Hormuz will not be enough to end global economic instability, British foreign minister Yvette Cooper said on Thursday (April 9) in a speech setting out her view that "turbulence is the new normal". Although U.S. President Donald Trump on Tuesday (April 7) announced a ceasefire in the six-week-old Iran conflict, there was no sign of Tehran lifting its near-total blockade of the Strait of Hormuz, which has caused the worst disruption to energy supplies in history. "Instability and volatility are becoming increasingly chronic. Turbulence is the new normal," Cooper said. "The new reality we face did not begin with the war in Iran, nor will it end with a reopened Strait."

Tehran had agreed to allow passage of vessels through the crucial 167-kilometre (104-mile) strait between the Gulf and the Indian Ocean as part of a two-week ceasefire. But just 10 vessels have passed through since the Middle East war ceasefire took

Follow The Hindu LIVE for the latest updates on the escalating crisis in the Iran-Israel-U.S. war on April 10, 2026.

Just seven ships passed through the strait in the past 24 hours against a normal daily flow of around 140, according to ship-tracking data.

In a statement read out on state TV, the Supreme Leader said, "Iran will seek retribution for attacks on it and will take management of the Strait of Hormuz into a new phase."

Just minutes after the warning, Trump posted again and said that the oil will start flowing with or without the help of Iran. | World News

According to reports, Tehran is planning to charge a toll on all oil tankers passing through the Strait of Hormuz during a two-week ceasefire.

US President Donald Trump on Thursday warned Iran against imposing a toll for ships passing through the Strait of Hormuz, after Tehran agreed to reopen the crucial route as part of a two-week ceasefire.

US President Donald Trump said there are reports that Iran is charging fees to tankers going through the Strait of Hormuz and warned Tehran against it.

Iran's new Supreme Leader, Mojtaba Khamenei, vowed that Iran will not let the US-Israel go "unpunished for their aggression" and demand compensation for the destruction and more control over the Strait of Hormuz during the negotiations talks in Islamabad.