The narrow 100-mile gateway that fuels much of the global economy, that closed when U.S. and Israeli bombs began to fall in Iran, that put vital trade in a chokehold for weeks, it's now open.

Iran's foreign minister announced Friday morning that the street of Hormuz is, quote, completely open, but vessels must pass through a, quote, coordinated route.

Here's retired U.S. Navy Admiral James Stavridis speaking with CNN Friday morning.

Certainly it's good.

But he's got questions.

Well, what about those mines that might or maybe might not be in the water?

Where are they?

Number two, Iran says it's open.

Does that mean the normal traffic separation scheme that goes right down the middle of the strait?

They won't harass traffic there.

Or do they mean it's open?

As long as you use our new Iranian track, if I'm a mariner, I'm not exactly firing up my engines.

Consider this, hundreds of ships have been stuck in the strait for weeks, and even though

it's now open, safety concerns remain.

From NPR, I'm Mary Louise Kelly.

Music It's considered this from NPR.

The Strait of Hormuz is one of the global economy's major arteries.

It had been closed to most commercial traffic for about six weeks up to today.

The reopening is good news for hundreds of ships that have been stuck, but questions remain about the safety of the passage, questions like how many underwater mines are still

out there, or what happens if the ceasefire falls apart?

Those questions are crucial for the people who insure these vessels.

Marine wartime insurance for cargo and oil vessels that were stuck in the straight skyrocketed

...