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Searching for 'prices Strait'. (Return)

CNBC World NewsApr 08, 2026
Oil prices plunge below $95 after Iran agrees to safe passage through Strait of Hormuz during ceasefire
President Donald Trump agreed to the ceasefire with Iran after discussions with Pakistan Prime Minister Shehbaz Sharif.

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Oil prices plunge on agreement to reopen Strait of Hormuz (BBC Front Page)

CNBC World NewsApr 07, 2026
Iran updates: Pakistan seeks 2-week pause after Trump warns 'whole civilization will die' if no deal by deadline
The near closure of the Strait of Hormuz since the war began has led to a historic oil supply shock, which quickly sent global energy prices soaring.
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