Global Oil Prices Plunge as US and Iran Agree to Reopen Strait of Hormuz
Brent and WTI crude futures drop over 4% following President Donald Trump’s announcement of a finalized US-Iran agreement to lift the naval blockade.
The Day After: Why Reopening Hormuz Doesn’t End the Crisis—It Begins the Aftershock Economy
The reopening of the Strait of Hormuz signals resumed flows but not recovery, as global energy markets, shipping, and financial systems enter a prolonged phase of structural disruption and recalibration.