Oil prices plunge after Iran foreign minister says Strait of Hormuz is ‘completely open,’ Trump says regime has agreed to indefinitely suspend nuclear program
Oil prices plunged on Friday after Iran’s foreign minister said the Strait of Hormuz was fully open to commercial traffic for the remainder of the 10-day ceasefire between Israel and Lebanon and President Trump said Iran had agreed to indefinitely suspend its nuclear program. Futures on Brent crude (BZ=F), the international pricing benchmark, fell as…
