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Iran Declares Strait of Hormuz ‘Completely Open,’ Oil Plunges on the News

DeFi Daily News by DeFi Daily News
April 17, 2026
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Iran Declares Strait of Hormuz ‘Completely Open,’ Oil Plunges on the News
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Iran said it would open the Strait of Hormuz for the duration of a 10-day ceasefire between Israel and Hezbollah in Lebanon, increasing the prospect of an agreement to end the wider war in the Middle East.
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