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Oil prices plunge as Iran says Strait of Hormuz 'open' during ceasefire
Oil prices fell sharply after Iran announced the Strait of Hormuz would be open to commercial shipping during the ceasefire in the US-Israel conflict with Iran, though maritime groups remain cautious about safety. The price of Brent crude dropped to $88 per barrel from over $98, but uncertainty persists as shipping operators and international bodies verify the safety of passage.
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210- First seen
- Apr 18, 2026, 5:41 AM
- Last updated
- Apr 18, 2026, 8:02 AM
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Oil prices plunge as Iran says Strait of Hormuz 'open' during ceasefire is currently shaped by signals from 1 source platforms. This page organizes AI analysis summaries, 1 timeline events, and 210 relationship edges so search engines and AI systems can understand the topic's factual basis and propagation arc.
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7 tagsoil pricesceasefireshipping safetytanker trafficglobal marketsfuel pricesfertiliser supply
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1 evidence itemsOil prices plunge as Iran says Strait of Hormuz 'open' during ceasefire
News · 1Apr 18, 2026, 5:41 AMOpen original source
Timeline
Oil prices plunge as Iran says Strait of Hormuz 'open' during ceasefire
Apr 18, 2026, 5:41 AM
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