Breaking: Iran closes the Strait of Hormuz amid ceasefire deal violation

Source Fxstreet

Iran says it is closing the Strait of Hormuz after accusing the United States (US) and Israel of violating the ceasefire. According to Iran, the decision came over the continued Israeli strikes in Lebanon.


This is a developing story; more to come.


Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
OpenAI courts investors with a $39 billion loss and a $34 billion spending tabOpenAI is asking investors to look past a brutal cost base as it prepares for a stock market debut. The ChatGPT owner spent $34 billion in 2025, brought in about $13 billion, and ended the year with a reported $39 billion loss. Its bills came from developing new systems, buying computing power, running data centers,...
Author  Cryptopolitan
Jun 17, Wed
OpenAI is asking investors to look past a brutal cost base as it prepares for a stock market debut. The ChatGPT owner spent $34 billion in 2025, brought in about $13 billion, and ended the year with a reported $39 billion loss. Its bills came from developing new systems, buying computing power, running data centers,...
placeholder
SpaceX leads the FAB10 into record territoryA new group of tech companies is challenging Wall Street’s traditional favorites. This shift is happening at a time when the tech world has seen a huge IPO, a $60 billion buyout, and a government order that shut off access to one of America’s most powerful AI systems.  Investors have long rallied around the Magnificent...
Author  Cryptopolitan
Jun 17, Wed
A new group of tech companies is challenging Wall Street’s traditional favorites. This shift is happening at a time when the tech world has seen a huge IPO, a $60 billion buyout, and a government order that shut off access to one of America’s most powerful AI systems.  Investors have long rallied around the Magnificent...
placeholder
Stock surge from SpaceX $60B deal for Cursor maker challenges Amazon,, Microsoft valuationSpaceX (NASDAQ: SPCX) briefly shook up the rankings among the highest valued US firms today after it confirmed that it will buy Anysphere, the company behind AI code editor Cursor, for $60 billion in stock.  The stock surge that the rocket maker enjoyed shot its valuation into a new stratosphere as it closed a deal...
Author  Cryptopolitan
Jun 17, Wed
SpaceX (NASDAQ: SPCX) briefly shook up the rankings among the highest valued US firms today after it confirmed that it will buy Anysphere, the company behind AI code editor Cursor, for $60 billion in stock.  The stock surge that the rocket maker enjoyed shot its valuation into a new stratosphere as it closed a deal...
placeholder
SpaceX Hits $2.8 Trillion and Sixth Place, but the Chart Flashes Its First WarningSpaceX (SPCX) climbed into the world’s most valuable companies this week, then stalled. The SpaceX stock spiked near $212 on Tuesday before sliding back toward $202, leaving its first clear sign of fa
Author  Beincrypto
Jun 17, Wed
SpaceX (SPCX) climbed into the world’s most valuable companies this week, then stalled. The SpaceX stock spiked near $212 on Tuesday before sliding back toward $202, leaving its first clear sign of fa
placeholder
How Would a Hormuz Toll Affect Oil Prices?Oil prices tumbled to two-month lows after the US and Iran reached a peace deal to reopen the Strait of Hormuz. Yet beneath the relief, traders are quietly positioning for a rebound.The reason is a ca
Author  Beincrypto
Jun 17, Wed
Oil prices tumbled to two-month lows after the US and Iran reached a peace deal to reopen the Strait of Hormuz. Yet beneath the relief, traders are quietly positioning for a rebound.The reason is a ca
goTop
quote