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Coverage dated April 16, 2026

Oil prices drop 13% and the Dow soars over 1,000 points after Iran reopens the Strait of Hormuz - Boston News, Weather, Sports

Headline from WHDH Boston

NEW YORK (AP) — Oil prices dropped more than 13% Friday, and U.S. stocks raced toward another record after Iran said the Strait of Hormuz is open again for

WHDH Boston's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

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Reports & sources

5 articles, oldest first.

  1. The Boston Globe

    Oil prices drop 9% and Wall Street rallies to a record after Iran reopens the Strait of Hormuz (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    The US stock market has jumped more than 12 percent since hitting a bottom in late March on hopes the United States and Iran can avoid a worst-case scenario for the global economy despite their war.

  2. WHDH Boston

    Oil prices drop 13% and the Dow soars over 1,000 points after Iran reopens the Strait of Hormuz - Boston News, Weather, Sports (opens WHDH Boston)

    Published

    WHDH Boston's feed description

    NEW YORK (AP) — Oil prices dropped more than 13% Friday, and U.S. stocks raced toward another record after Iran said the Strait of Hormuz is open again for

  3. Anchorage Daily News

    Oil prices drop and Wall Street rallies after Iran reopens Strait of Hormuz (opens Anchorage Daily News)

    Published

    Anchorage Daily News's feed description

    The reopening would allow oil tankers to exit the Persian Gulf again and carry crude to customers worldwide.

  4. MyNorthwest

    Oil tumbles 10% as Wall Street rallies to another record after Iran reopens the Strait of Hormuz (opens MyNorthwest)

    Published

    MyNorthwest's feed description

    Oil prices are falling by more than 10% Friday, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Oil prices drop 13% and the Dow soars over 1,000 points after Iran reopens the Strait of Hormuz - Boston News, Weather, Sports | Since Then