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Strait Reopens: Oil Craters As U.S.-Iran Peace Talks Gain Steam

April 17, 2026
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Global energy markets were sent into a tailspin Friday as oil prices plunged more than 10 following a surprise announcement that the Strait of Hormuz has been reopened to commercial traffic. The dramatic shift comes amid growing optimism that a lasting peace deal may finally be within reach, with both Washington and Tehran signaling a [] Strait Reopens: Oil Craters As U.S.-Iran Peace Talks Gain Steam

Tampa Free Press
Tampa Free Press

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