Oil prices tumble as Iran declares Strait of Hormuz open, easing supply fears

So, I think it's really [music] important here that we focus on the full post from Iran's foreign minister because he said that while the strait 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 Rebecca Babin noted that this market has been trading that, you know, the headlines, the speed of the headlines, and not the certainty of flows, and that this mo ...