1 of 1
Story summary
- An adviser to Russian President Vladimir Putin stated that Iran's nuclear weapon is the Strait of Hormuz, highlighting its potential against the U.S.
- Russia and China vetoed a UN Security Council resolution aimed at reopening the Strait of Hormuz, a key oil route.
- Brent crude fell 14% to over $95 per barrel after the ceasefire.
- Secretary of State Marco Rubio criticized a proposed tolling system for the Strait as illegal.
