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17.04.26 - 18:18
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Oil and gas prices fall sharply after Iran says strait of Hormuz is open (The Guardian)
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Brent crude drops and markets rise amid hopes Donald Trump will succeed in reaching deal with TehranBusiness live – latest updatesOil and gas prices fell sharply on Friday after Iran said the strait of Hormuz would open to commercial shipping, potentially clearing the way for tankers holding millions of barrels of oil and gas to reach the global market.Iran's foreign minister said vessels would be free to transit the strait of Hormuz for the duration of the 10-day ceasefire between Israel and Lebanon, struck on Thursday. Continue reading......
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