Zero Sum
BREAKING: Strait of Hormuz closed, again? Oil shock, peace talks, and what happens next.
28:45
On Saturday the 20th of June, 2026, Iran announced closure yet again for the Strait of Hormuz...
The US and Iran have confirmed a deal to reopen the Strait of Hormuz, ending a 3.5-month blockade that choked off roughly a fifth of global oil flows. Markets reacted fast.
Asian stocks surged as much as 5.7%, and Brent crude fell more than 4% in early Monday trading. The winners and losers are…