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Iran responds to Trump: Sanctions on Iran cannot "open" the Strait of Hormuz
Mars Finance News, on April 12, according to Xinhua News Agency, U.S. President Trump reposted an article about the “naval blockade” of Iran on social media. The Iranian embassy in Austria responded on the same day, saying that a blockade cannot “open” the Strait of Hormuz. “To give a simple explanation to those concerned: a blockade is a blockade. It cannot ‘open’ the Strait of Hormuz; it will only impose restrictions. The only way out of this self-created dilemma is to remain open and flexible in negotiations. Follow reason.”
According to PolyBeats monitoring, on the prediction market Polymarket, the probability of the “Strait of Hormuz being open to navigation before the end of this month” has dropped from 35% before U.S.-Iran talks to 17%.