Iran Blinks on Strait of Hormuz: U.S. Blockade Holds as Oil Prices Drop and Wall Street Surges

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Iran Blinks on Strait of Hormuz: U.S. Blockade Holds as Oil Prices Drop and Wall Street Surges

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Iran has announced the Strait of Hormuz is open—but with conditions—while the U.S. naval blockade remains firmly in place. Markets reacted instantly, with oil prices plunging more than 10% and Wall Street rallying to record highs amid hopes of de-escalation.
In this episode, we break down what Iran’s “partial reopening” really means, why the blockade still matters, and whether a true agreement is anywhere close—or if this is just another temporary pause in a volatile standoff.

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