RT Nick Szabo (@NickSzabo4)The Strait of Hormuz is open for very limited Iranian-approved traffic now. Iran currently makes all ships it lets through use channels that pass between two Iranian islands and hug the Iranian coast, so that Iranians can safely inspect these ships.How fast Iran can open up Hormuz depends on how much work the U.S. does to prevent them from doing so. For example, the U.S. can continue to discourage the GCC countries from making peace treaties with Iran (which would probably involve ...

Raph Sanchez, our correspondent who is in the region for us tonight. And Raph, you know, the president Monica laid it out there these two tracks. One, escalation potentially militarily threatening to go after these critical Iranian sites.On the other hand, two, he's suggesting that there are talks, negotiations, a diplomatic track that is possible even when Iranian officials haven't indicated the same thing. We saw that new letter from the Iranian president that seemed to strike a more consiliatory tone, bu ...

RT Bloomberg Opinion (@opinion)LIVE NOW: Oil isn’t the only market being rattled by the ongoing conflict in the Middle East. Lots of global exports and imports cross the Strait of Hormuz.Tune in as @TimOBrien discusses with @KarishmaJourno and @MarcChampion1https://t.co/a1MaBQ4VfX ...

- Many people, especially the Democrats, underestimate the will of the American people for short-term volatility for 50 years of safety that we are going to have on the other side of this. And I believe energy prices will be lower, inflation will be lower before we had the appearance of security, which is not real security. Now, the American people and the world will have absolute security.Through your maximum pressure campaign, Treasury has worked to uncover all financial lifelines through the regime and c ...

What has darkened the picture in the last couple of days here. Christopher, this brought you in the likes of so many others to this conclusion. Well, thanks, Joe.Great to be with you. And, you know, maybe it's Christopher Waller. It's also John Maynard Keynes.When the facts change, I changed my mind. What do you do. When I was on with your colleague Kailey Leinz a few weeks ago, it really did seem like this was going to be a fairly focused operation that the Navy and the U.S. side would have no trouble at a ...

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Bring in show music, please. >> Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, >> there's no way that President Trump's going to back down until he sees us through to the end.>> National Economic Council Director Kevin Hasset on the president's resolve in the Iran war and the outlook. >> The timeline that President Trump has stated over and over is that it's a four to six week uh war and that we're ahead of schedule. Then Kentucky Senator Rand Paul as chair of the Homeland Security Committee.He is ...

Matt Smith monitors ship activity in the strait as an oil market analyst for Kepler, which tracks global trade and shipping. He made this time lapse showing how quickly ship traffic moved around the bend of the straight in the days before the war. So on a normal day, you see about 100 or so ships that passed through there. When the bombing started with Iran, we saw it drop to about 70. On the Sunday, we saw it drop uh into the teens. And then since then it's just one or two tankers that are passing through ...

Market Overview - Major crypto assets and U.S. stock futures are trading higher, indicating a positive start to the week despite volatility in oil markets due to geopolitical tensions in the Middle East [1] - Nasdaq futures are up 1.16%, S&P 500 futures have gained 0.94%, and Dow Jones futures are rising 0.79% [2] Oil Market Dynamics - WTI crude oil futures fell toward $97 per barrel after a 17.4% rally over the previous three days, influenced by ongoing geopolitical tensions [2] - Oil markets are on edge following attacks targeting Fujairah, a key UAE port, leading to the suspension of oil loading operations [3] - The International Energy Agency is coordinating a record release of 400 million barrels from strategic reserves to stabilize global supply amid these tensions [4] Cryptocurrency Market Performance - The broader cryptocurrency market is experiencing gains, with total market capitalization increasing by 3% to $2.59 trillion [6] - Bitcoin is up 3.0% trading at $73,792.90, while Ethereum has jumped 8.1% to $2,280.07, leading gains among major digital assets [5] - Altcoins are also showing strong momentum, with XRP trading 4.0% higher at $1.48 and Solana climbing 6.3% to $93.84 [5]

back now and following breaking news the oil market is now open we are seeing U .S. crude and Brent oil top $100 per barrel after a weekend of continued strikes in the Middle East and this evening the Wall Street Journal reports that the heads of the private energy sector including Exxon and Chevron are now warning Trump administration officials that disruption in the Strait of Hormuz will continue to create volatility in the global energy market this as the Trump administration continues to offer shifting ...