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Oil prices plunge after Iran says Strait of Hormuz open for commercial shipping traffic

Details
17 April 2026
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


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