Singapore’s Ministry of Foreign Affairs (MFA) has welcomed an agreement between the United States and Iran to cease hostile military operations in the Middle East. The deal specifically aims to reopen the strategically vital Strait of Hormuz, a key waterway for global oil transport. According to the MFA, the agreement, if implemented in accordance with international law, is expected to foster lasting peace, security, and stability in the region. Details of the agreement remain limited, but it represents a potential de-escalation of months of escalating tensions. Singapore has consistently advocated for dialogue and diplomatic solutions to regional conflicts. The MFA statement underscores the importance of a rules-based international order for maintaining stability. This development could have significant implications for global energy markets and international shipping.