KARACHI – Global energy markets sees immediate relief as oil prices dropped nearly 10% to $84 after reports that Iran reopened the Strait of Hormuz to commercial shipping during a ceasefire period. Soon after much-awaited announcement by Iranian Foreign Minister Araghchi, crude oil prices plunged nearly 10% in wake of shock reports that Iran reopened The post Relief for Global Energy Markets as Oil crashes 10% to $84 after Hormuz reopens appeared first on Daily Pakistan English News.
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