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Holland’s government says it is “ready to contribute” to an international naval mission that would keep the Strait of Hormuz open to commercial shipping after reports of an imminent peace deal between the United States and Iran, Foreign Affairs Minister Tom Berendsen confirmed in Luxembourg on Monday. The narrow waterway funnels about a fifth of the world’s seaborne oil. A blockade this spring—triggered by U.S.-Israeli air-strikes on Iran—sent energy prices soaring and briefly pushed Dutch inflation back above 6 percent. Berendsen said The Hague first wants to see the final text of the U.S.–Iran accord, expected to be signed in Switzerland on 19 June, but stressed that “stability in the Gulf is a vital Dutch interest.” Energy traders seemed to agree. Dutch TTF gas futures fell more than five percent to €44.32 per MWh after the minister’s remarks, their lowest point since late April. Amsterdam’s AEX index climbed to an intraday record of 1,091.71, fueled by hopes that cheaper fuel will support consumer spending and corporate margins. The Royal Netherlands Navy already participates in NATO’s Operation Sea Guardian, but analysts say a dedicated Hormuz task-force could include the air-defense frigate HNLMS De Zeven Provincien and a Karel Doorman-class supply ship. “Holland has modern blue-water capabilities and a reputation for de-escalation,” noted maritime strategist Jeroen Eykhout. A reopened strait would be good news for Europe’s airlines—KLM and Transavia have been forced to tank extra fuel on Far-East routes since March—as well as for Rotterdam and Amsterdam ports that trans-ship Gulf petrochemicals. The Dutch Employers’ Federation (VNO-NCW) warned last month that a prolonged closure could shave 0.9 percentage points off 2026 GDP growth. While the emerging truce has drawn cautious optimism, Dutch lawmakers from the Greens and Socialist Party demanded guarantees that any new mission carry a strict defensive mandate. Parliament is expected to debate a deployment request later this week; coalition partners CDA and VVD hold enough seats to approve it. If the Strait of Hormuz reopens smoothly, ING economists reckon Dutch headline inflation could drop below 2 percent by September, speeding up wage-price normalization and possibly giving the European Central Bank room for a December rate cut. For homeowners and small businesses across Holland, that scenario cannot come soon enough.