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Oil plunges, stocks jumps as Iran declares Hormuz open

Oil prices drop over 10% as Iran opens the Strait of Hormuz, boosting stock markets amid ceasefire hopes.

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Apr 17, 2026 - 18:00
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Oil plunges, stocks jumps as Iran declares Hormuz open
Oil prices drop over 10% as Iran opens the Strait of Hormuz, boosting stock markets amid ceasefire hopes.
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