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Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is Open

Bloomberg
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Iran declared the Strait of Hormuz fully open to commercial shipping on April 17, 2026, prompting oil tankers to rush through the critical chokepoint after weeks of heightened tensions and mine-laying disruptions. Global oil markets reacted swiftly to the reopening, with prices stabilizing as traders assessed reduced supply risks, though analysts warn volatility could return if tensions flare again. Former U.S. President Trump stated Iran is removing mines from the strait, while the U.S. affirmed it won’t release frozen Iranian funds, signaling a firm stance amid diplomatic uncertainty. The reopening raises questions about potential long-term peace deals, though experts caution Iran’s actions may be tactical rather than a permanent shift in regional strategy. Separately, the Fed expressed caution on rate cuts, citing geopolitical risks, while a 10-day Israel-Lebanon ceasefire offered brief relief amid broader Middle East instability.
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Apr 17th, 2026Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is OpenIran says the Strait of Hormuz is open — and oil tankers are racing through it. Norah Mulinda explains how markets reacted to the news and asks: Can this lead to a lasting peace agreement?Duration:3:18Trump Says US Won't Give Iran Any Frozen FundsDuration:4:18The AI Model That Frightens Wall StreetDuration:3:35Trump Says Iran Is Removing Mines From Hormuz StraitDuration:3:44Iran Says Strait of Hormuz Is Completely Open for Commercial ShipsDuration:2:00Fed's Waller Expresses Caution About Lowering RatesDuration:8:01Netflix Shares Tank on Weak Forecast; Hastings Steps DownTechnologyDuration:1:06Starmer Says He Wasn't Told Mandelson Failed VettingDuration:2:06Fed's Daly Says Too Early to Tell If War Will Create Long-Term ShockDuration:1:35Israel, Lebanon Agree to 10-Day CeasefireDuration:3:06Bulgaria’s Radev Extends Lead Ahead of Snap ElectionDaybreak: EuropeAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder

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