Oil prices plunge as Iran says Strait of Hormuz 'open' during ceasefire - BBC

Oil prices plunge as Iran says Strait of Hormuz 'open' during ceasefire – BBC

April 18, 2026

Oil prices plunge as Iran says Strait of Hormuz ‘open’ during ceasefire BBCIran war live: Tehran says US blockade of ports must end as strait opens Al JazeeraIran War Live Updates: Uncertainty Remains at Strait of Hormuz After Reopening Announcement The New York TimesVideo shows ships turning away from the Strait of Hormuz as confusion persists over whether sea lane is really open CNBCTraders place $760 million bet on falling oil ahead of Hormuz announcement Reuters