ABC News – Top stories ·general ·3 hours ago

Trump announces complete opening of Strait of Hormuz by Friday

US President Donald Trump announced the Strait of Hormuz will be "completely opened" by Friday amidst a ceasefire agreement with Iran. The closure, affecting nearly 20% of global oil shipments, led to Brent crude prices soaring above $120 per barrel. Experts anticipate that while prices may ease, a return to pre-war levels could take years.

Summary by OZbrief · ABC News – Top stories

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