AI Bias Analysis
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Iran effectively closed the Strait of Hormuz during the war with U.S. and Israel, creating an oil supply crunch and sending global energy prices soaring.
Source
CNBC
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President Donald Trump said that Iran "better stop now" if it's charging fees to oil tankers passing through the Strait of Hormuz.
Gold steadied after three days of gains, with US President Donald Trump saying he is “optimistic” about a deal with Iran despite the continued closure of the Strait of Hormuz.
Oil opened higher Friday and US stock futures wavered as Israeli strikes in Lebanon and the continued closure of the Strait of Hormuz damped optimism over a ceasefire to the Iran war.
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