Oil prices plunge as markets rally after Strait of Hormuz reopens

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Published Apr 17, 2026

Oil prices plunge as markets rally after Strait of Hormuz reopens

In Europe, stocks surged in response to the news, with major indexes in France and Germany rising more than 2%. However, Asian markets, which closed before the announcement, ended the day lower.

READ MORE : http://www.africanews.com/2026/04/17/oil-prices-plunge-as-markets-rally-after-strait-of-hormuz-reopens

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