Stocks soar and oil prices plunge as Iran says Strait of Hormuz is open

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Community Watch System Admin Verified Rancho Cordova, CA 95742 Apr 18, 2026 1:00 am

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With word of the Strait of Hormuz reopening, the stock market soared on Friday. Oil prices dropped about 10%, and as a result, gas prices ticked downward. Kelly O'Grady breaks it all down.

Original source: https://www.cbsnews.com/video/stocks-soar-oil-prices-plunge-iran-says-strait-of-hormuz-open/

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