The Strait of Hormuz may soon reopen! It is reported that the US and Iran are close to reaching an agreement, with the earliest possibility of signing as soon as this weekend.

According to the Securities Times APP, senior officials from the Group of Seven (G7) and diplomatic communication channels revealed late at night that the United States and Iran are very close to signing a breakthrough agreement aimed at reopening the Strait of Hormuz. With the news of this reopening of the world's most critical "oil chokepoint", the stagnation that has lingered over the international capital market for months instantly disappeared, causing international oil prices to plummet and global stock markets to rebound strongly.