Lutnick: Strait of Hormuz open, ships moving

Howard Lutnick, CEO of Cantor Fitzgerald and chairman of BGC Group, has stated that the Strait of Hormuz is open and ships are moving. His comments provide a real-time, commercial perspective on the status of the strategic waterway following Iran's declaration that it is open for business. The statement suggests that despite the ongoing U.S. naval blockade targeting Iran, civilian maritime traffic is currently flowing. Lutnick's observation underscores the complex operational reality in the region where diplomatic announcements, military postures, and commercial activity intersect.