U.S. forces launched new strikes on Iran over the weekend in response to an attack on a vessel transiting the strait and in an effort to prevent further attacks, U.S. Central Command said.
Oil Futures are traded on the NY Mercantile Exchange, they trade 23 hours a day (but not on weekends). So any announcement make Friday evening won’t hit the futures market until it opens back up late Sunday.
This is a real “We have always been at war with Eastasia” kind of thing.
When does U.S. announce (again) that they have closed the Strait?
Fridays. Mondays are when it opens, about an hour before the NYSE does.
Oil Futures are traded on the NY Mercantile Exchange, they trade 23 hours a day (but not on weekends). So any announcement make Friday evening won’t hit the futures market until it opens back up late Sunday.
So late Sunday.