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Iran reopens Strait of Hormuz; oil prices slide, markets rally
April 17, 2026
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Posted 2 hours ago by
Iran on Friday announced that the crucial Strait of Hormuz will remain open for commercial shipping for the duration of the ceasefire, easing pressure on global energy markets and signalling a tentative de-escalation in the West Asia crisis. Iran’s Foreign Minister Seyed Abbas Araghchi said the passage for all commercial vessels has been declared “completely []
The Tribune
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