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Opening of the Strait of Hormuz: oil prices dropped
18.04.2026 - 07:09 333 viewed
Iran's Strait of Hormuz Pledge Triggers Sharp Drop in Oil and Gas Prices

Developments in the Strait of Hormuz Following Iran's agreement to keep the Strait of Hormuz open, global prices for oil and gas have fallen sharply. U.S. President Donald Trump confirmed the development, stating: “Iran has agreed never to close the Strait of Hormuz again. It will no longer be used ...

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