Iran Reverses Course, Threatens to Block Strait of Hormuz

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Published: 2 hours ago

Iran has reversed its decision to reopen the Strait of Hormuz and now threatens to block the critical shipping lane as long as the U.S. maintains blockades on Iranian ports. Trump indicated talks will resume despite the escalating standoff. The renewed threat to block 20% of global oil transit could trigger significant moves in oil-sensitive currencies. Traders should monitor safe-haven flows and energy-dependent currency pairs for volatility.

Nothing to see yet 😢