Oil prices plunge as markets rally after Strait of Hormuz reopens
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Source: AfricaNews
Published: 2026-04-18 02:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, Economy & Finance, Financial Markets, World News, Business & Economy
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Snippet:
Global oil prices tumbled sharply on Friday while stock markets surged, after Iran announced the full reopening of the Strait of Hormuz, easing fears of a prolonged energy disruption.
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