The crude oil market now has a large order of 800 million US dollars, and after the price plummeted, Iran announced the opening of the strait

According to Caixin News Agency, at 8:24 am Eastern Time on Friday, the crude oil market suddenly increased in volume without any news, with nearly $800 million in transactions in a short period of time and a price drop. 21 minutes later, Iranian Foreign Minister Aragorchi announced that the Strait of Hormuz was "completely open" to all merchant ships. US President Trump subsequently distributed a tweet at 9:06 thanking Iran for reopening the strait. As of 9:10, US WTI crude oil futures fell below $80 per barrel at one point.