Iran closes Hormuz Strait
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Reporters from CBS News carefully arranged a risky trip into the Strait of Hormuz. Here's what they saw.
Iran's foreign minister said the Strait of Hormuz was open for all commercial vessels for the remainder of the U.S.-brokered 10-day ceasefire between Israel and Iran-backed Hezbollah, prompting a sharp fall in the price of oil.
Traffic through the Strait of Hormuz has been at a near-standstill for weeks amid the Iran war, sending prices of oil and other key goods soaring.