Lates News

On the 17th, the Iranian foreign minister stated that the Strait of Hormuz is completely open to all commercial ships during the ceasefire between Lebanon and Israel. International crude oil futures prices fell rapidly by over 10% due to this news. On the morning of the 17th, Eastern Time, the price of light crude oil futures for delivery in May on the New York Mercantile Exchange fell to as low as $84.48 per barrel, a decrease of over 12% compared to the previous trading day's closing price. At the same time, the price of London Brent crude oil futures for delivery in June dropped to a low of $88.76 per barrel, a decrease of over 10% compared to the previous trading day's closing price. (Xinhua News Agency)