Iran Opens Strait Of Hormuz!
Iran has reopened the Strait of Hormuz, leading to a steep decline in the price of oil. All other markets, including precious markets and the stock market, surged on the news.
Iran’s foreign minister Abbas Araghchi announced the reopening of the Strait, and President Donald Trump confirmed, saying, “Iran has just announced that the Strait of Hormuz is fully open and ready for full passage. Thank you.”
Those predicting the Iran hostilities would necessarily lead to World War III now have egg on their faces. We’ll see over the next week whether the peace holds, and what steps or negotiations can be expected next. Here’s more from Benny Johnson.
