Sydney, April 18 (NationPress) Prime Minister Anthony Albanese expressed on Saturday that Australia is pleased with the reopening of the Strait of Hormuz and is willing to contemplate the deployment of military resources to ensure the security of maritime activities in that area.

During a press briefing in Sydney, Albanese praised Iran's declaration that the Strait is now fully accessible to all commercial vessels amid the ongoing ceasefire between Israel and Lebanon.

"This is encouraging news that we received last night," Albanese stated. "However, we wish to see this delicate arrangement solidified."

When asked about the possibility of Australia sending military resources to maintain open shipping lanes, Albanese indicated that the government would evaluate any such proposals.

"Geographically, Australia is quite distant from the Strait compared to European countries. It's reasonable to say that we will consider any requests that come our way during discussions," he mentioned.

Albanese was joined by Energy Minister Chris Bowen, who noted that Australia has bolstered its strategic fuel reserves over the past week, according to reports from Xinhua news agency.

Bowen revealed that Australia currently possesses 46 days' worth of petrol in its national reserves, alongside 31 days' worth of diesel and 30 days' worth of jet fuel.

Earlier on Friday, Iran's Foreign Minister Seyed Abbas Araghchi announced that, in accordance with the truce in Lebanon, the passage for all commercial vessels through the Strait of Hormuz has been declared "entirely open" for the duration of the ceasefire between Tehran and Washington.

These comments were made on social media just hours after a 10-day ceasefire came into effect between Israel and Lebanon, following over a month of intense conflict that resulted in more than 2,000 casualties.

Araghchi emphasized that vessels can navigate the Strait via the previously announced coordinated route established by Iran's Ports and Maritime Organization.

In response to this announcement, US President Donald Trump expressed gratitude to Iran for confirming the full reopening of the Strait of Hormuz.

Iran had previously tightened its control over the Strait of Hormuz by restricting safe passage for vessels affiliated with Israel and the United States after they conducted joint strikes on the country on February 28.

The United States has also enforced a blockade on the strait, hindering the transit of ships traveling to and from Iranian ports, following the collapse of peace negotiations between the Iranian and US delegations in Islamabad, Pakistan, on Saturday and early Sunday.