Trump, Iran and Strait of Hormuz
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Iran announced the Strait of Hormuz was "completely open" on Friday. Ship-tracking data shows the situation.
MSC Cruises, TUI Cruises and Celestyal Cruises all reported that their ships had safely transited the Strait of Hormuz.
Oil futures were rising again after uncertainty was thrown over when shipping may return to normal levels through the Strait of Hormuz and whether peace talks between the U.S. and Iran are even taking place on Monday.
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Commercial ships remain cautious about transiting the strait as tensions escalate between the U.S. and Iran again.
The price of oil jumped sharply and stock futures tumbled Sunday evening as traders digested renewed tensions between the U.S. and Iran over the critical Strait of Hormuz.U.S.
Few vessels are crossing after Iran reversed course on reopening the vital waterway and ships came under attack.