Oil prices plunge after Iran says Strait of Hormuz open for commercial shipping traffic Oil prices dropped over 10% after Iran's foreign minister announces the Strait of Hormuz is open to commercial traffic for the Israel-Lebanon ceasefire. Orignial Source: https://www.foxbusiness.com/economy/oil-prices-plunge-after-iran-says-strait-hormuz-open-commercial-shipping-traffic Previous article: Netflix co-founder Reed Hastings to step down, departure is 'spooking investors' Prev Next article: Taking a train to World Cup games at MetLife Stadium could cost around $150 Next