5:00 PM Flash: US and Iran Strike Deal to Reopen Strait of Hormuz
5:00 PM Flash: Good evening everyone. Markets are moving on major geopolitical news this Wednesday afternoon. The United States and Iran have agreed in principle to finally reopen the Strait of Hormuz after Tehran promised to give up its uranium enrichment program. This development sent oil prices sharply lower as fears of supply disruption ease dramatically. Right now, oil is trading at ninety eight dollars, gold is at four thousand five hundred forty seven dollars per ounce, and Bitcoin is holding at seventy four thousand six hundred eighty three. European markets closed higher on the news while Asian indices are pointing to a positive open. In other news, Tiffany Trump has shared stunning photos from Don Junior and Bettina Anderson's paradise wedding in the Bahamas this past weekend. This is Miss Vicky from the Options Desk at VixShield, where it's not news till we talk about it. Stay with us as Russell Clark joins with more analysis.