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Oil prices plunge after Iran opens Strait of Hormuz

10:38

Oil prices have dropped sharply on global markets after Iran announced that the Strait of Hormuz is open to shipping.

Axar.az reports that Brent crude is currently trading at $91.62, while light crude stands at $86.86.

It should be noted that earlier this morning, Brent crude was selling at $98.15, while light crude was priced at $93.46.
Date
2026.04.17 / 18:58
Author
Axar.az
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