Iran keeps Strait of Hormuz open, blocks US and Israel vessels
after close1 source ↓written by the desknot a recommendation
Iran announced that the Strait of Hormuz will remain open for global oil and gas trade, but vessels linked to the US and Israel are barred from passage. This statement raises concerns over energy security and potential disruptions to global oil supply, as the strait is vital for oil shipments. Traders should monitor developments closely, as tensions in the Gulf could impact energy prices significantly.
Not investment advice. For informational purposes only.