#CNBC Oil prices tumble as Iran declares Strait of Hormuz open, easing supply fears

Oil prices tumble as Iran declares Strait of Hormuz open, easing supply fears
Oil prices tumbled Friday after Iranian Foreign Minister Seyed Abbas Araghchi declared the Strait of Hormuz “completely open” during the ceasefire between Israel and Lebanon, raising hopes of easing supply disruptions.

CNBC’s Pippa Stevens has the details.

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