Share your opinion about this news…
Iran Reclaims Control of Strait of Hormuz. Trump Still Optimistic About Peace Deal
Iran's military reclaimed control of the Strait of Hormuz on Saturday -- less than 24 hours after reopening it -- citing the U.S.'s refusal to lift its naval blockade. President Donald Trump responded with tough words, but also said he is still optimistic about a peace deal.The move creates more uncertainty over the status of the strait, a key shipping route for oil as well as other crucial supplies such as helium and fertilizer.A few hours after Iran retook the strait, the country's navy attacked two commercial vessels -- a tanker and a container ship, a British maritime organization reported.The U.K. Maritime Trade Operations, which is administered by the British Royal Nacy, posted on X that two Islamic Revolutionary Guard gun boats had shot at the tanker and that "an unknown projectile" had hit the container ship. No one was hurt in either attack, but the projectile damaged some container.In Washington, Trump had strong words about Iran's about-face."It is announced that until the U
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
1
Report
Login to post

No comments yet
