Oil prices plummet as Iran says Strait of Hormuz 'completely open'
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Oil prices plummet as Iran says Strait of Hormuz 'completely open'

April 17, 2026
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The statement followed a ceasefire deal reached by the U.S., Israel and Iran on April 8. A major stumbling block had been the lack of a ceasefire in Israel's war on the Lebanese terrorist group Hezbollah but it was eventually reached on April 16.

Oil prices plummet as Iran says Strait of Hormuz 'completely open'
The Kyiv Independent
The Kyiv Independent

Coverage and analysis from Ukraine. All insights are generated by our AI narrative analysis engine.

Ukraine
Bias: lean left

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