Oil Prices Plunge Below $85 As Iran Reopens Strait Of Hormuz In Major Market Relief
NEW YORK — World oil prices tumbled sharply on Friday, with benchmark U.S. crude dropping more than 10 percent to settle below $84 per barrel after Iran declared the Strait of Hormuz fully open to commercial shipping during an ongoing ceasefire, easing fears of prolonged supply disruptions from the Middle East conflict.


































