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  1. Brent Crude Falls 7% After Iran Reopens Strait of Hormuz Amid Ceasefire
    Markets

    Brent Crude Falls 7% After Iran Reopens Strait of Hormuz Amid Ceasefire

    Iran declares Strait of Hormuz open for commercial vessels during ceasefire. Brent crude fell 6.84% while WTI dropped 7.04% on the news. Trump celebrated, calling the strait fully open for unrestricted passage.

    Apr 17, 2026
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