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Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open

But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.

Rebecca F. Elliott
Author: Rebecca F. Elliott

Written by

Rebecca F. Elliott

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Iran, Oil (Petroleum) and Gasoline, Persian Gulf, Prices (Fares, Fees and Rates), Ships and Shipping, Strait of Hormuz, Trump, Donald J, United States, United States International Relations, United States Politics and Government, US and Israeli Attack on Iran (2026), War and Armed Conflicts
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