Tehran said that after the opening of the Strait of Hormuz, the US dollar gave back all gains since the Iran war.

The US dollar has erased all gains since the outbreak of the US-Iran war. Previously, Tehran announced that the Strait of Hormuz has been "completely open to commercial shipping," further weakening demand for safe-haven assets. The Bloomberg Dollar Spot Index fell by 0.5% to its lowest level since February 27, continuing its decline as investors shift their focus to the possibility of a ceasefire and reaching a more comprehensive agreement. On Friday, Iranian Foreign Minister Abbas Araghchi stated that commercial vessels can pass through this key waterway during the remaining ceasefire period.