BBC News – World
·world
·2 hours ago
Oil prices plunge as Iran says Strait 'open'
Oil prices fell sharply as Iran announced the Strait of Hormuz would be open to commercial vessels during the ceasefire. Brent crude dropped to $88 per barrel from over $98 earlier Friday. This announcement contributed to a rally in global markets, with major US and European indices experiencing significant gains.
Summary by Glance · BBC News – World
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