The New York Times
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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.
Center Left
NBC News Politics
Oil prices plunge as Iran reopens Strait of Hormuz, but 'pre-war levels' could take longer: Analyst
Center Left
NBC News correspondents Brian Cheung, Monica Alba, Richard Engel and Courtney Kube report on Iran’s decision to open the Strait of Hormuz to commercial traffic. Energy industry analyst John Kilduff breaks down how oil markets are reacting to the announcement.
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9 related stories from other outlets
The Hill
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Oil prices fall dramatically as Iran announces Strait of Hormuz reopening
Oil prices dropped dramatically on Friday as Iran announced that it was opening the Strait of Hormuz, a critical oil shipping lane. International benchmark Brent crude plummeted 12 percent while U.S. benchmark WTI fell an even more dramatic 14 percent as of Friday morning. The war in Iran and subsequent closure of the Strait sent oil prices skyrocketing in…
Center
Axios
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Oil prices plunge on claims Strait of Hormuz is open
Data: Financial Modeling Prep; Chart: Ben Geman/AxiosOil prices dropped over 10% Friday after President Trump and Iran's foreign minister claimed the Strait of Hormuz — the world's most critical energy shipping lane — is open for transit.Why it matters: The steep selloff signals traders see a real sign that the unprecedented throttling of oil and petroleum…
Center Left
Bloomberg
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Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is Open
At least eight oil tankers raced toward the Strait of Hormuz in the hours after Iran’s foreign minister said the vital waterway was fully open to shipping.
Center
WorldNetDaily
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‘Ready for business’: Oil prices plunge on confirmation Strait of Hormuz open for commercial traffic
U.S. stock market explodes, up more than 2% following announcement
Far Right
New York Post
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Strait of Hormuz ‘completely open’ until cease-fire’s end as Trump celebrates tumbling oil prices
Iranian Foreign Minister Seyed Abbas Araghchi on Friday announced that the Strait of Hormuz is now “completely open” for all ships — so long as the Israel-Lebanon cease-fire remains in.
Right
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Iran Reasserts Control Over Strait of Hormuz as Negotiations Stall
Iran said that it would keep its blockade of the Strait of Hormuz as long as the United States maintains its own closure of the vital waterway. On Saturday, Iran’s forces fired near an Indian oil tanker as it approached the strait. The British Maritime Agency says there were no casualties. NBC’s Matt Bradley reports for Sunday TODAY.
Center Left
NewsNation
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What the Strait of Hormuz reopening means for gas prices
U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 in late March.
Center
The Gateway Pundit
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Watch Live: The WAR Zone Podcast With Wayne Allyn Root Presented by The Gateway Pundit-Iran Caves, Declares Strait of Hormuz “Completely Open” for All Commercial Ships and More!
CLICK HERE TO WATCH RIGHT NOW! The post Watch Live: The WAR Zone Podcast With Wayne Allyn Root Presented by The Gateway Pundit-Iran Caves, Declares Strait of Hormuz “Completely Open” for All Commercial Ships and More! appeared first on The Gateway Pundit.
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