coin-img-ETHETH+4.42%coin-img-BTCBTC+4.16%coin-img-SOLSOL+3.43%coin-img-XRPXRP+4.17%coin-img-TOMTOM+85.47%coin-img-BENZBENZ+17.19%coin-img-USDCUSDC-0.03%coin-img-DOGEDOGE+3.83%coin-img-ETHETH+4.42%coin-img-BTCBTC+4.16%coin-img-SOLSOL+3.43%coin-img-XRPXRP+4.17%coin-img-TOMTOM+85.47%coin-img-BENZBENZ+17.19%coin-img-USDCUSDC-0.03%coin-img-DOGEDOGE+3.83%coin-img-ETHETH+4.42%coin-img-BTCBTC+4.16%coin-img-SOLSOL+3.43%coin-img-XRPXRP+4.17%coin-img-TOMTOM+85.47%coin-img-BENZBENZ+17.19%coin-img-USDCUSDC-0.03%coin-img-DOGEDOGE+3.83%coin-img-ETHETH+4.42%coin-img-BTCBTC+4.16%coin-img-SOLSOL+3.43%coin-img-XRPXRP+4.17%coin-img-TOMTOM+85.47%coin-img-BENZBENZ+17.19%coin-img-USDCUSDC-0.03%coin-img-DOGEDOGE+3.83%

Iran Says Hormuz Strait Stays Open, Sparking Whipsaw in Markets

April 17 — Iran's foreign minister said the Strait of Hormuz remains open to commercial shipping, setting off a bout of volatility across global markets. Spot gold jumped above $4,840, up more than 1% on the day. Spot silver surged nearly 4% to $81.30 an ounce. Oil prices briefly sank. WTI crude was down as much as 8% on the session, while Brent fell 7%. The U.S. Dollar Index (DXY) slid more than 20 points at one stage to 97.98, as most non-U.S. currencies advanced. Cryptocurrencies also firmed, with Bitcoin rebounding above $76,000 and Ethereum nearing $2,400.
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