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

Brent crude sinks by a tenth after Iran says the key waterway is open for commercial ships for the rest of the ceasefire.

The Chairman's DailySaturday, April 18, 20262 min read
Oil prices plunge as Iran says Strait of Hormuz 'open' during ceasefire - BBC

Kieran Tompkins, senior climate and commodities economist at Capital Economics, said the ceasefire, due to end in nine days, "offers only a narrow window of opportunity for oil tankers to navigate th… [+28 chars]

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