Canadian, U.S. stock markets jump and oil sinks as Iran says Strait of Hormuz open
Canadian, U.S. stock markets jump and oil sinks as Iran says Strait of Hormuz open
www.ctvnews.ca
TSX rises, U.S. markets hit new highs as Iran says Strait of Hormuz open
Canada’s main stock index rallied and U.S. markets moved further into record territory, as oil plunged after Iran’s foreign minister said the Strait of Hormuz is fully open.
U.S. President Donald Trump initially celebrated, posting on social media that Iran announced the strait “is fully open and ready for full passage” but minutes later, he issued another post saying the U.S. blockade of Iranian ships and ports would continue until its deal with Iran is complete.