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Oil prices drop over 10% after Iran declares the Strait of Hormuz 'completely open'

Oil prices have dropped over 10% in less than two hours after the Minister for Foreign Affairs of Iran declared the Strait of Hormuz "completely open" for the remainder of the current ceasefire with the US.

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Oil prices drop over 10% after Iran declares the Strait of Hormuz 'completely open'
Source: Euronews
Oil prices have dropped over 10% in less than two hours after the Minister for Foreign Affairs of Iran declared the Strait of Hormuz "completely open" for the remainder of the current ceasefire with the US.

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