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Dow Plunges 1,200 Points As Escalating Iran Conflict Rattles Markets
Iran's Revolutionary Guards announced late on Monday that they were closing the Strait of Hormuz and threatened to fire at any vessel trying to pass through the shipping route. The Strait is a strategically critical waterway that is used by Middle Eastern countries to ship oil on board tankers.
Iran's Revolutionary Guards announced late on Monday that they were closing the Strait of Hormuz and threatened to fire at any vessel trying to pass through the shipping route. The Strait is a strategically critical waterway that is used by Middle Eastern countries to ship oil on board tankers.