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

Name: Stocks soar and oil prices plunge as Iran says Strait of Hormuz is open
Uploaded: 2026-04-17T19:08:00-0400
Duration: 1 min 34 s
Description: 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.

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.