Iran shuts Hormuz Strait again after brief reopening over US blockade with ships mid-transit
TEHRAN, April 18 -- Iran's military declared the Strait of Hormuz closed again today, its military command said, hours after reopening it and with more than a dozen commercial ships passing through the vital waterway.
The toing and froing over the strait cast doubt on US President Donald Trump's optimism the day before, that a peace deal to end the US-Israeli war with Iran was "very close".
Tehran had yesterday declared the strait, which usually carries a fifth of the world's oil and liquefied natural gas, open after a ceasefire was agreed in Lebanon to halt Israel's war with Hezbollah.
That prompted elation in global markets and sent oil prices plunging, but with Trump insisting that a US naval blockade of Iranian ports would continue...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.