Iran Denies Reports on Reopening Strait of Hormuz, Calls Them Unreliable
Minseung Kang
Summary
- Iran's Fars News Agency said foreign media reports on reopening the Strait of Hormuz were unreliable and untrue.
- International oil prices had fallen as expectations spread for possible talks between Iran and the U.S. and for the Strait of Hormuz to reopen.
- The denial of reports on reopening the Strait of Hormuz has brought uncertainty surrounding the waterway back into focus.
Forecast Trend Report by Period
Iran has denied foreign media reports about a possible reopening of the Strait of Hormuz.
BlockBeats, a cryptocurrency-focused media outlet, reported on September 22 that Iran's Fars News Agency, citing local sources, said Reuters and Kyodo News reports on reopening the Strait of Hormuz were "unreliable and untrue."
International oil prices had earlier fallen as expectations grew for possible talks between Iran and the U.S. and for the Strait of Hormuz to reopen.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.