Oil prices plummet as Wall Street rallies to new record following Strait of Hormuz reopening
PBS
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Oil prices are falling by more than 10%, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open, which would allow oil tankers to exit the Persian Gulf again and carry crude to customers worldwide.
- US-Iran war live updates: Strait of Hormuz ‘completely open’, Iran says; Stock market’s record-setting rally continues Sydney Morning Herald —
- Oil prices plunge as Iran declares Strait of Hormuz 'completely open' Daily Mail —
- Strait of Hormuz 'completely open' while ceasefire lasts, Iran says The Standard —
- Iran: Strait of Hormuz open for remainder of ceasefire CNN —
- Iran Says Hormuz to Open During Lebanon Truce in Boost for Peace Bloomberg —