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Oil prices plunge over 10% as Iran opens Strait of Hormuz
BusinessMust ReadOil prices plunge over 10% as Iran opens Strait of HormuzBy AFP -Apr 17, 2026Oil prices plunged more than 10 percent on Friday after Iran said the Strait of Hormuz would be “completely open” for the rest of the ceasefire with the United States, and stock markets surged. Iran’s Foreign Minister Abbas Araghchi said on X that “passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire”. The strategic waterway, throu...
Oil prices slide over 10% as Iran opens Hormuz
Oil prices slide over as Iran opens Hormuz
Growing number of Americans delay retirement: "Rising costs are on my mind"
Nearly one-fifth of all adults 65 and older are working or looking for work, which is the highest amount in decades. Many say it isn't a choice, but a necessity as they face rising costs. Kelly O'Grady reports.
HKEX proposes halving share settlement cycle in bid to boost Hong Kong’s financial profile
Hong Kong Exchanges and Clearing (HKEX) has proposed halving the cash settlement cycle for share trading as part of efforts to enhance market efficiency and liquidity. The city’s bourse operator said in a consultation paper on Friday that it aimed to implement a “T+1” system – under which trades are settled one day after the transaction – in the fourth quarter of 2027, replacing the existing “T+2” cycle. If adopted, the shortened cycle would apply to equities, exchange-traded products,...
Oil price falls as Iran says Strait of Hormuz ‘completely open’
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Iran war: Lessons from past oil shocks India can use
India has enhanced its resilience to disruptions in energy supplies through measures ranging from the diversification of imports to the establishment of strategic reserves. What lessons it can draw from the past oil shocks to navigate the present crisis.
Trump thanks Iran for opening Strait of Hormuz as oil prices in freefall (PHOTOS/VIDEOS)
The US president vowed, however, to continue to blockade Iranian ports Iran has announced that it will allow passage for “all commercial vessels” through the strategic Strait of Hormuz following the declaration of a 10-day Israel-Lebanon ceasefire. However, US President Donald Trump has vowed to maintain his blockade of Iranian ports. The announcement was made by Iranian Foreign Minister Seyed Abbas Araghchi, who said that the strait is “completely open” for...
Empty LNG Tankers Attempt Hormuz Crossing Into Persian Gulf
Two liquefied natural gas tankers appear to be attempting to enter the Persian Gulf via the Strait of Hormuz, which — if they succeed — would mark a significant shift in the Middle East energy crisis.
Aluminum Drops After Iran Says Strait of Hormuz Is Fully Open
Aluminum prices sank in London after Iran said the Strait of Hormuz was open for cargoes to transit, a move that would allow the metal to be exported out of key producers Bahrain, Saudi Arabia and the United Arab Emirates.
Stocks Rally as Oil Plunges on Reopening of Hormuz Strait
US stocks rallied Friday after Iran said it would open the Strait of Hormuz following the truce between Israel and Lebanon, promising to ease an oil shock that has shadowed the global economic outlook ever since President Donald Trump started the war seven weeks ago.
Pakistan escorted Iranian negotiators home from peace talks amid concerns of Israeli attack, sources say
The air force escorted Iranian negotiators home from inconclusive peace talks with the United States last weekend, launching a major operation after the Iranians said Israel might seek to kill them, three sources told Reuters. Pakistan deployed some two dozen jets in the escort, as well as the force’s Airborne Warning and Control System for aerial surveillance to ensure the safety of the delegation back from Islamabad, said two Pakistani sources with knowledge of the operation. One said similar...
پس از اعلام باز شدن تنگه هرمز؛ سقوط ۱۰ درصدی قیمت نفت و رشد بازار سهام آمریکا
پس از اعلام باز بودن تنگه هرمز از سوی جمهوری اسلامی، قیمت نفت بیش از ۱۰ درصد کاهش یافت و بازار سهام آمریکا رشد کرد. نفت برنت، شاخص جهانی قیمت نفت، اکنون در حدود ۸۹ دلار در هر بشکه معامله میشود؛ سطحی که برای نخستین بار از ۲۰ اسفند دوباره به کانال ۸۰ دلار بازگشته است.
US Natural Gas Futures Waver on Plunging Oil Price, Lower Output
US natural gas futures fluctuated between slight gains and losses, paring an earlier rise as Iran’s foreign minister said the Strait of Hormuz was “completely open.” The news sent oil prices plunging, triggering immediate financial outflows from baskets of energy products that include the US gas contract. The tandem price move happened despite near-term supply and demand for US gas remaining fundamentally unaffected by such geopolitical developments.
Oil prices plunge 10% after Iran says Strait of Hormuz is open for commercial vessels
The price of oil plunged sharply and U.S. stock indexes opened at new all-time highs after the Iranian foreign minister said that the Strait of Hormuz was open for commercial vessels."In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep.
British oil giant faces lawsuit over 500 deaths in Kenya
Hazardous waste from 1980s oil exploration in the north of the country was left exposed, poisoning groundwater, petitioners have said British oil and gas giant BP has been sued in Kenya over claims that toxic waste from oil exploration four decades ago poisoned water sources and caused deaths in the East African country. The case, filed by 299 petitioners, was allowed to proceed by a Kenyan High Court and centers on exploration work carried out in the 1980s by Amoco Corporation, lat...
Iran war energy shock threatens Southeast Asia’s supply chains. A win for China?
Some exporters at the Canton Fair in Guangzhou report a modest return of orders to China from Southeast Asia, as energy-market volatility linked to the US-Israeli war in Iran prompts some Western buyers to prioritise supply chain stability. The shift is visible in buyer patterns on the exhibition floor, where the number from Europe and the United States appears to have recovered from last year’s levels, according to Chinese exporters, with more inquiries for home appliances, new energy products....
7th Pay Commission: 4% महंगाई भत्ते में होगी बढ़ोतरी? फिर इतनी हो जाएगी आपकी मंथली सैलरी
th Pay Commission
حقوق ۷۵ دلاری و هزینههای ۳۰۰۰ دلاری در ایران
مخاطبان ایراناینترنشنال در پیامهایی از شهرهای مختلف، به افزایش قابل توجه قیمت کالاهای اساسی، تعدیل نیرو و بیکاری اشاره کردند. یک شهروند گفت حقوق یک ماه یک کارگر در تهران ۷۵ دلار و هزینههای یک زندگی ساده بالای سه هزار دلار است.
Rep. Luna accuses Sen. Gallego of misconduct and campaign finance violations, which he denies
Republican Rep. Anna Paulina Luna of Florida told CBS News she's urging Senate Majority Leader John Thune to look into what she called "disturbing" allegations involving Democratic Sen. Ruben Gallego of Arizona, including sexual misconduct. Gallego has denied the allegations and a spokesperson for him said in part, "these are right wing conspiracy theories being parroted by a fringe far right member of Congress."
Trump cheers as oil prices PLUNGE after Iran declares Strait of Hormuz 'completely open': 'Ready for full passage'
Trump cheers as oil prices PLUNGE after Iran declares Strait of Hormuz 'completely open': 'Ready for full passage'Politics is fast. We're faster. Sign up to the DC Insider newsletter for a front-row seat to American politics...and unlock 3 FREE months of DailyMail+ HEREBy PHILLIP NIETO, US POLITICAL REPORTER Published: 14:15, 17 April 2026 | Updated: 14:19, 17 April 2026 e-mail View comments