Oil drops steeply in the aftermath of Iran signals Hormuz Strait open.

Oil drops significantly after Tehran indicates Strait of Hormuz opening.

Hakan Fidan: Disaster in world politics has put our region to a major challenge. Limited Hormuz waterway traffic as American blockade diverts a dozen vessels administration transferring accountability for Iran war to associate after pulling back: Politico The country of Persia warns block the important waterway for a second time. Lord Mandelson failed screening but who was aware what, when? | BBC broadcast Islamic Republic declares Hormuz Strait unblocked; the US President declares American barrier at Iranian terminals continues in place. Happiness in Lebanon's capital after Israel-Lebanon ceasefire starts