Rubio: There’s been progress on reopening Strait. Nothing final but hoping agreement will happen very shortly
- There’s been progress made in talks with Iran to reopen Strait of Hormuz
There have been all kinds of reports pointing in this direction and obviously the market has been screaming the same thing. I shake my head at this whole fiasco and this is yet-another headline that’s obviously been front-run. WTI crude is down $4.18 to $76.16.
This article was written by Adam Button at investinglive.com.