Stocks and bond prices jumped on Friday, while oil and the dollar fell sharply after Iran's foreign minister said passage for all commercial vessels through the Strait of Hormuz is declared completely ​open for the remaining period of ceasefire,

With a ceasefire set to expire soon, no extension deal is in place as military pressure builds in the Strait of Hormuz and new negotiations continue.

Meanwhile, the US president says Iran has agreed to turn over its enriched uranium, but Tehran has not commented on the claim.

Oil prices are falling as traders show optimism that Iran’s latest statement on the Strait of Hormuz may signal an easing of tensions. “In line with the ceasefire in Lebanon, the passage for all comme

Iran says in light of the Israel-Lebanon ceasefire, "passage for all commercial vessels through Strait of Hormuz is declared completely open."

Follow live coverage from NBC News of Iran reopening the Strait of Hormuz, oil prices and stocks, Trump peace talks and the Israel-Lebanon ceasefire.

Iran's foreign minister said ​on Friday that ‌passage for all commercial vessels through ​the Strait ​of Hormuz is declared ⁠completely open ​for the remaining period ​of ceasefire, in line with the ceasefire ​in Lebanon.

Iran's grip on the Strait of Hormuz continues to be a pivotal setback in the Middle East conflict. CBS News contributor H.R. McMaster breaks down the latest from the Pentagon's briefing on the matter.