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

  • Posted on April 17, 2026
  • By Google News
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  • 1 min read
Oil prices plunge after Iran says Strait of Hormuz open for commercial shipping traffic
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.
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