Iran has said "non-hostile vessels" can transit the Strait of Hormuz if they meet safety and security regulations in coordination with the relevant authorities, according to a statement released to the International Maritime Organization (IMO).
Deadly airstrikes continue between Israel and Iran, while Hezbollah and Gulf states face drone attacks. Partial reopening of the Strait of Hormuz brings limited relief to global energy markets.
The mayor of Tel Aviv said a "direct strike" damaged a building on Tuesday after an Iranian missile attack warning, as Israeli first responders said they had treated four people for light injuries.
The United States on Thursday announced the approval of $16.46 billion in military sales to the United Arab Emirates and Kuwait, two Gulf states that have been hit hard by fallout from the Iran war.
Israeli Prime Minister Benjamin Netanyahu said Thursday that Iran is being "decimated" and it is unclear who is in charge, as Tehran sent jitters through global markets by turning its sights on Gulf oil and gas facilities.
Firefighters battled a blaze at a giant oil refinery in Kuwait on Friday after a fresh drone attack as Iran kept up a wave of strikes on its neighbours and vowed there was "no concern" about its missile production.