BUSINESSApr 17 · 13:41 UTCNBC NEWSSteve Kopack

Oil prices plunge 10% after Iran says Strait of Hormuz is open for commercial vessels

Oil prices dropped 10% after Iran announced the Strait of Hormuz is open for commercial vessels. The Strait, a critical oil shipping route, had been under scrutiny due to geopolitical tensions.

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IranplaceStrait of HormuzplaceMusandam provinceplacecommercial vesselstopicoil pricestopic

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