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Oil prices tumbled sharply on Friday while global equities surged after Iran announced the reopening of the Strait of Hormuz, easing fears of prolonged supply disruptions in global energy markets. Benchmark US crude fell more than 13% to $79.31 per barrel, while Brent crude dropped 13.4% to $86.11, following remarks by Iranian Foreign Minister Abbas

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Live now Last Updated: April 17, 2026, 23:09 IST US Israel Iran War News Live Updates: A 10-day ceasefire deal agreed between Lebanon and Israel took effect on Thursday (local time). US President Donald Trump in Las Vegas, Nevada, on April 16. (Photo by AFP) US-Iran-Israel War LIVE: US President Donald Trump has said that

Last Updated: April 17, 2026, 22:21 IST Trump on Friday Trump announced that the Strait of Hormuz is ‘completely open and ready for business and full passage.’ Rapid Read Summarized by AI. + Trump says US-Iran deal to end conflict is nearly complete Iran to halt nuclear work, reopen Strait of Hormuz Lebanon sees 10-day

Last Updated: April 17, 2026, 22:19 IST Oil and gas prices plunge as Iran vows to keep Strait of Hormuz open during 10 day ceasefire, markets rally, but US naval restrictions stay and analysts warn risks remain. An aerial view of the Iranian shores and Port of Bandar Abbas in the strait of Hormuz. (IMAGE:

Iran Israel War Live Updates: As the ceasefire came into force, Israel’s military said it had struck over 380 “Hezbollah terror organization targets in southern Lebanon” and was on “high alert” to resume strikes Iran Israel War Live: Lebanese Prime Minister Nawaf Salam welcomed Trump’s announcement of a ceasefire, saying a truce was a “key