💼 Business 3d ago · Isabel Wang

U.S. oil prices plunge to around $80 a barrel after Iran declares Strait of Hormuz ‘completely open’ during cease-fire

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U.S. oil prices plunge to around $80 a barrel after Iran declares Strait of Hormuz ‘completely open’ during cease-fire
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Oil prices were plunging on Friday morning after Iran’s foreign minister said the Strait of Hormuz is declared open for the passage of all commercial vessels for the remaining period of the cease-fire.

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