Sign Up

Oil prices plunge after news Strait of Hormuz to open

Australian Broadcasting Corporation 1 min read 2 hours ago


Oil prices plunged more than 10 per cent after Iran declared the Strait of Hormuz would be "completely open" but shipping giants are approaching the situation with caution.
Read original Australian Broadcasting Corporation

More from Australian Broadcasting Corporation

Fishers deploy 'ninja tactics' to outsmart fish-stealing seals
As Trump promotes a new ceasefire, many in Lebanon fear a bad deal
Live: Trump says US will go into Iran to remove 'nuclear dust'
Australia enters drone warfare era with Ghost Bat and Ghost Shark

Related in Business

Fishers deploy 'ninja tactics' to outsmart fish-stealing seals
Labor considering ways to spare new homes from capital gains changes
Jet fuel supply warnings causing holidaymakers worry
Labour Court cut award to former X executive by 63%