Oil prices plunge as Iran reopens Strait of Hormuz, but 'pre-war levels' could take longer: Analyst
Source: NBC News Politics · Bias: Center Left
Summary
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.
Related Coverage
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- The Race to Rescue 8,000 Sailors Still Stranded Behind Hormuz (Center — Bloomberg Politics)
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Daily Analysis
Read the full Parallax Pulse for April 17, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
More Headlines From April 17, 2026
- Trump warns US may 'drop bombs again' if no Iran deal by ceasefire deadline (Center)
- International Energy Chief: Europe Has Just “Six Weeks” of Jet Fuel Left (Far Right)
- Oil prices plunge on claims Strait of Hormuz is open (Center Left)
- Utah Supreme Court Justice Allegedly Caught Having an ‘Inappropriate’ Relationship With Leftist Attorney Who Helped Dems Steal a Congressional Seat (Far Right)
- LOL: Chuck Schumer Still Thinks Iran Is Running Circles Around President Trump (Far Right)







