Live updates: Iran declares Strait of Hormuz 'completely open'; Trump says U.S. blockade 'will remain in full force' until peace deal

The price of oil plunged sharply and U.S. stock indexes opened at new all-time highs after the Iranian foreign minister said that the Strait of Hormuz was open for commercial vessels. U.S. crude oil plunged 10% to nearly $85 per barrel, while international Br…