Stocks rally and oil falls as Iran declares Strait of Hormuz open during Israel-Lebanon ceasefire

Let's get to Pipa Stevens uh for more on this dramatic move this morning. Pipa. >> Hey David.So I think it's really important here that we focus on the full post from Iran's foreign minister because he said that while the straight is declared completely open for the remaining period of the ceasefire. He also mentioned a coordinated route as announced by the regime which doesn't sound like it is fully open. And CIBC's private wealth rea Babbin noted that this market has been trading that you know the headlin ...