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<title>Live updates: Iran declares Strait of Hormuz &#x26;#x27;completely open&#x26;#x27;; Trump says U.S. blockade &#x26;#x27;will remain in full force&#x26;#x27; until peace deal</title>
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<description>The price of oil plunged sharply and U.S. stock indexes opened at new all-time highs after the Iranian foreign minister said that the Strait of Hormuz was open for commercial vessels. U.S. crude oil plunged 10% to nearly $85 per barrel, while international Brent crude also slid more than 8% to around $90 per barrel. Heating oil futures, which are a proxy for jet fuel, plummeted 13%. Wholesale RBOB gas futures also fell 7%. At the opening bell, the S&#x26;#x26;P 500 rose 0.6% and the Nasdaq Composite jumped 1%. Both set new all-time highs in early trading as a result....</description>
<author>NBC News</author>
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<pubDate>Fri, 17 Apr 2026 14:02:03 GMT</pubDate>
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