Iran17 Apr
Trump thanks Iran for Hormuz opening
President Trump thanked Iran for opening the Strait of Hormuz, causing oil prices to drop sharply.
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Friday, 17 April 2026 at 14:13 UTC
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President Donald Trump publicly thanked Iran for announcing the Strait of Hormuz is fully open and ready for passage. His statement came as Brent crude oil fell below $90 per barrel and WTI prices collapsed to $83. The price drop reflects market relief at reduced shipping tensions in the critical global oil chokepoint. However, analysts warn the period of turbulence is not over, with future statements and events likely to cause further price spikes.
e/eineurope · topic · T-00104