BREAKING: Iran says any Arab or European country that expels the ambassadors of Israel and the US will have "full authority and freedom" to pass through the Strait of Hormuz, per BBC. Details include: 1. Iran says this policy will begin tomorrow after a week-long shutdown 2. Just minutes prior, President Trump said the US is considering taking control of the Strait of Hormuz 3. Nearly 20% of global oil supply remains offline despite signs of an end to the Iran war Oil prices are down -$33/barrel in 20 hours.(The Kobeissi Letter)