Iran Foreign Minister Zarif speaking

Iranian Foreign Minister Zarif is on the wire saying:

  • Iran believes it will find buyers for its oil. There will be consequences if US prevents it
  • It is in Iran's national security interest to keep Strait of Hormuz open
  • If the US wants to enter Strait of Hormuz, they have to talk to those protecting it, and that is the Iranian Revolutionary guards

The price of crude oil continues to trade near unchanged levels at $66.26 down $-.04. Brent crude oil is also trading near unchanged levels at $74.49