Hormuz opens: What it really means for Iran, oil & US blockade

Iran announced the vital trade chokepoint was open to all commercial vessels for the remainder of the ceasefire. President Trump said Iran committed to never closing the waterway again, but that a US naval blockade will continue until a deal with Iran is “100% complete.” The Trump administration is considering unfreezing $20 billion in Iranian assets as part of ongoing talks, sources say.

Trump also said the US will acquire Iran’s enriched uranium and that no money would “exchange hands.”

0:00 Gen. Wesley Clark (Ret.) and Iran expert Karim Sadjadpour explain what the reopening will mean for Iranian leverage in negotiations
5:15 Oil prices plunge to lowest in 5 weeks on Hormuz news
0:00 Trump: US to get Iran's nuclear dust; "no money will change hands"
8:07 Trump admin considers unfreezing $20B in Iranian assets in exchange for enriched uranium
11:29 How Trump admin's unfreezing $20B in Iranian assets differs from Obama admin's $1.7B settlement with Iran
14:42 France & UK welcome Strait of Hormuz announcement
18:11 Sources: Trump admin hoping to finalize peace deal this weekend

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