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Searching for 'Strait prices'. (Return)

CNBC World NewsApr 17, 2026
U.S. oil price plunges below $84 as Iran declares Strait of Hormuz open, easing supply fears
Oil prices tumbled more than 11% after Iran declared the Strait of Hormuz open amid a ceasefire deal with Lebanon.

Int'l Herald TribuneApr 17, 2026
Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open
But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
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