🚨 JUST IN: 🇮🇷🇺🇸
Hossein Amir-Abdollahian says the Strait of Hormuz is NOT closed — but ships are holding back for a different reason.
According to him, it’s not Iran causing fear… it’s the risk of conflict tied to Donald Trump’s past actions that has insurers and companies on edge.
💬 Key message:
The waterway is open
But insurers are nervous about war risks
Iran says threats won’t work — only respect and diplomacy will
🌍 Why this matters:
The Strait of Hormuz carries around 20% of global oil. Even hesitation — not closure — can shake markets fast.
⚠️ Bottom line:
No blockade… but rising fear. And in global energy markets, fear alone can move prices just as much as action.$JCT
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