'Pretty worried': Stocks rally despite ongoing Strait of Hormuz blockade

Time now for money power politics. The Dow surged more than 1 ,000 points today and the S &P posted its best day since May on hopes that the Iran war could be reaching its end. Those hopes were fueled by a new report from The Wall Street Journal, which said that the president has told aides he is willing to exit the war without reopening the Strait of Hormuz.Now, to be clear, that strategy might quickly end the war, but it would not actually end the ongoing crisis in the oil market. The price of Brent crude ...