Oil prices drop more than 10% and US stocks soar after Iran reopens the Strait of Hormuz
People work on the floor at the New York Stock Exchange in New York, Monday, April 13, 2026.
AP Photo/Seth Wenig
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April 17, 2026

Oil prices drop more than 10% and US stocks soar after Iran reopens the Strait of Hormuz

NEW YORK (AP) — Oil prices dropped more than 10% Friday, and U.S. stocks raced toward another reco...
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