Oil Falls by 13% After Iran Declares Strait of Hormuz Open
Oil prices plunged by about 13% on Friday after Iran’s foreign minister said passage for all commercial vessels through the Strait of Hormuz was open for the remaining ceasefire period and U.S. President Donald Trump said Iran has agreed to never close the strait again. Brent crude futures fell $12.87, or 12.95%, to $86.52 a […] The post Oil Falls by 13% After Iran Declares Strait of Hormuz Open appeared first on GV Wire.
Original Source
Read the full article at Gvwire →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.