The brief window of calm in the global energy market slammed shut on Saturday as Iran re-established a tight grip on the Strait of Hormuz, walking back Friday’s declarations that the vital waterway was open to international traffic. Despite President Trump’s announcement of a diplomatic breakthr ough, the Iranian military issued a fresh statement asserting that […] Gulf Whiplash: Iran Reimposes ‘Strict Control’ Over Strait Of Hormuz Hours After Reopening ...read more read less