Iran Opens Strait of Hormuz as Ceasefire Holds
Iran's foreign minister Abbas Araghchi announced the Strait of Hormuz is fully open to commercial shipping. Oil prices dropped 10 percent and global markets surged on the news.
By WarEcho Team
Iran's foreign minister Abbas Araghchi announced the Strait of Hormuz is fully open to commercial shipping. Oil prices dropped 10 percent and global markets surged on the news.
Global crude oil prices spike dramatically as the Iran war disrupts Strait of Hormuz shipping, threatening a worldwide energy crisis and economic downturn