Oil prices plunge as Iran says Strait ‘open’

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Oil prices just took a nosedive. 🛢️

According to Iran, the Strait of Hormuz is now fully open to commercial ships for the rest of the ceasefire. That news sent Brent crude plunging by 10%.

It’s a huge shift for global markets.

This could mean relief at the pump, but how long will this last? What’s your take on this sudden change?

#OilPrices #GlobalMarkets
📸 (Image: AI Illustration)

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