The Guardian Australia – Business
·business
·2 hours ago
Oil and gas prices drop 10% as Iran reopens Strait of Hormuz
Oil and gas prices dropped nearly 10% on Friday after Iran announced the reopening of the Strait of Hormuz to commercial shipping. Brent crude fell 9% to $90 a barrel amid hopes for a diplomatic deal between the U.S. and Tehran. However, uncertainties remain about the stability of the ceasefire and the willingness of tankers to transit safely.
Summary by Glance · The Guardian Australia – Business
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI