Oil tumbles 10% as Wall Street rallies toward another record after Iran reopens the Strait of Hormuz
- Posted on April 17, 2026
- By The Toronto Star
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Oil tumbles 10% as Wall Street rallies toward another record after Iran reopens the Strait of Hormuz

NEW YORK (AP) — Oil prices are falling by more than 10% Friday, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully