Oil Plunges as Iran Reopens Hormuz Under Two-Week Truce - kyivpost.com
business 2026/04/08 02:05:46

Oil Plunges as Iran Reopens Hormuz Under Two-Week Truce - kyivpost.com

Source:Kyiv Post
Author:Sevinj Osmanqizi

Oil prices fell sharply and Asian stocks rallied after the United States and Iran agreed to a two-week ceasefire, with Tehran allowing ships to pass safely through the Strait of Hormuz.