President Donald Trump says Iran has announced the Strait of Hormuz is fully open.
In a post to Truth Social, Trump says Iran has now declared the waterway “fully open and ready for full passage.” The announcement comes as energy markets have been reacting sharply to developments in the region.
This is a developing story.
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“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
