How Will Markets React to Strait of Hormuz Being Closed Again?

Following the announcement of the reopening of the Strait of Hormuz on Friday, the Dow index rose nearly 900 points, while the S&P 500 and Nasdaq also experienced a sharp rise. The drop in oil prices may also mean that gas prices will start to drop as well. NBC’s Allie Canal joins TODAY Saturday to break down what Iran’s new closure of the Strait of Hormuz means for the economy, gas prices and more.