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Iran Declares the Strait of Hormuz 'Completely Open' Amid Fragile Ceasefire
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9 Articles
This 1 ETF Can Deliver Massive Gains After This Fragile Ceasefire
The post This 1 ETF Can Deliver Massive Gains After This Fragile Ceasefire appeared first on 24/7 Wall St.. Quick Read SPDR S&P Aerospace & Defense ETF (XAR) — 65% return in the past year as the U.S.-Iran conflict drives defense budget surge. The fund tracks 41 aerospace and defense companies with equal weighting, capturing gains from Trump’s requested $1.5 trillion defense budget. XAR concentrates entirely in defense industrials with no sec…
Iran declares the Strait of Hormuz 'completely open' amid fragile ceasefire
Iran says the Strait of Hormuz is open to commercial shipping during the Lebanon ceasefire, triggering a sharp drop in oil prices, while Donald Trump welcomed the move but kept a US naval blockade in place. At the same time, Emmanuel Macron and the UK are leading plans for a neutral mission to secure the route, as shipping firms remain cautious and seek further clarity.
Iran declares Strait of Hormuz 'completely open'
“In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” he said. The post Iran declares Strait of Hormuz ‘completely open’ appeared first on Premium Times Nigeria.
Iran announces opening of Strait of Hormuz
This does not constitute the end of the war, but it’s better than the alternative: The last-minute renewal of Russia’s sanctions exemption came as Iran announced earlier on Friday that the Strait of Hormuz, a vital waterway that once carried a fifth of the world’s oil, was completely open to all commercial ships. President Trump celebrated the move on social media, claiming that “Hormuz Strait situation is over” and that Iran had agreed to neve…
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