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US-Israel war on Iran widens: Explosions rock Qeshm Island near Hormuz as Trump says conflict 'can't go much longer'
Reopening Hormuz: Gulf states should make a deal with Iran on Hormuz
Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz.
The Dow Jones Industrial Average underperformed, decreasing 0.85%.
Iran may be inching closer to a deal to reopen the Strait of Hormuz, but for the other countries along the Persian Gulf, the war has permanently changed their economic and security considerations.
