Business Oil prices drop sharply and global markets surge as Strait of Hormuz reopened by News Room 17 April 2026 written by News Room 17 April 2026 0 comment Share 0FacebookTwitterPinterestEmail Brent crude fell more than 10% to just under 89 US dollars a barrel in afternoon trading as Iranian authorities said the strait has fully reopened. Share 0 FacebookTwitterPinterestEmail previous post West End ticket prices at ‘tipping point’: Is theatre in London simply unaffordable now? Oil price plummets as Iran declares Hormuz open 17 April 2026 More companies go bust in March as fears mount over Iran war... 17 April 2026 Uber ups stake in Delivery Hero in £235 million deal 17 April 2026 Parents ‘expect to spend £85 on average in spring on children’s school... 17 April 2026 Second class post on Saturdays set to go by year-end after union... 16 April 2026 Stocks buoyed by Tesco and welcome GDP surprise 16 April 2026 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment.