00:21Yesterday, Iran opened one of the most important waterways on the planet. Today,
00:27they shut it back down and they're blaming Donald Trump. 20% of the world's oil passes through one
00:33narrow strip of water, the Strait of Hormuz, and right now it's closed again. Here's exactly what
00:41happened in the last 24 hours. On Friday, April 17th, Iran made a move that surprised markets and
00:48governments worldwide. Foreign Minister Abbas Araqchi announced that the Strait of Hormuz,
00:54which Iran had been restricting, would be fully reopened to commercial vessels and oil tankers.
00:59Tehran called it a good-faith gesture, a confidence-building step tied to the ongoing
01:05ceasefire connected to the Israel-Lebanon conflict. Oil prices dropped, shipping companies exhaled,
01:11markets responded positively, and then Trump posted. He called it a great development.
01:17The Strait was, in his words, fully open and ready for business and full passage.
01:22Everyone thought a corner had been turned. They were wrong. Because in almost the same breath,
01:28Trump made something very clear. The US naval blockade, the one targeting Iranian ships and
01:34ports inside and around the Strait, that stays. Trump said directly, the blockade will remain
01:40in full force and effect as it pertains to Iran only, until such time as our transaction with Iran
01:47is 100% complete. So let's recap. Iran opens the Strait as a peace gesture. Trump celebrates it
01:54publicly, but keeps the blockade running anyway. Tehran noticed. Saturday morning, Iran's top military
02:02command releases a statement, and it does not hold back. They said, and this is important, that Iran
02:08had agreed, in good faith, to allow a limited number of ships through in an organized manner. But then they
02:15accused the US of, quote, piracy and plunder under the cover of the blockade. Their conclusion? The deal is
02:22broken. The Strait goes back under strict military control. Their exact terms for reopening it again? The US
02:29must allow complete freedom of movement for Iranian ships to their destinations and back, with zero
02:35interference. Until that happens, the Strait of Hormuz stays locked down. If Iran maintains what they're
02:41calling strict management, analysts warn we could be looking at a serious energy crisis. Iran says the blockade
02:48is illegal. It violates the ceasefire. End it or the Strait stays closed. The US says the blockade is
02:55leverage. It stays in place until a full deal on nuclear policy and regional security is locked in.
03:02One day, Iran opened the Strait. Trump said the blockade stays. Iran called it a betrayal and closed
03:08it again. That's how fast things are moving right now.
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