Iran States Strait of Hormuz 'Fully Open' During Ceasefire with US; European Stocks Surge

Iran announced that the Strait of Hormuz will be 'fully open' during a ceasefire with the US. Upon hearing this news, oil prices plunged over 10%, while European stocks closed higher today.
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  • 📰 Published: April 18, 2026 at 02:03
  • 🔍 Collected: April 18, 2026 at 02:31 (28 min after Published)
  • 🤖 AI Analyzed: April 18, 2026 at 21:27 (18h 55m after Collected)
Central News Agency

(Central News Agency, London, April 17, International News) Iran stated that the Strait of Hormuz will be 'fully open' during a ceasefire with the United States. Upon hearing this news, oil prices plunged over 10%, and European stocks closed higher today.

The FTSE 100 index in London rose 77.64 points, or 0.73%, to close at 10667.63 points.

The DAX index in Frankfurt rose 547.77 points, or 2.27%, to close at 24702.24 points.

The CAC 40 index in Paris rose 162.43 points, or 1.97%, to close at 8425.13 points. (Translator: Xu Ruicheng) 1150418

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