Trump gloats as oil prices plummet in wake of Iran's surprise opening of Strait of Hormuz
- Posted on April 17, 2026
- By The Daily Star
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- 1 min read
Trump gloats as oil prices plummet in wake of Iran's surprise opening of Strait of Hormuz

After Iran reopened the Strait of Hormuz during a Lebanon ceasefire, oil prices tanked as Donald Trump took to Truth Social to claim victory and demand a deal