Photo of the day: Oil slumps as Strait of Hormuz tensions ease
Oil prices tumbled and stocks rose on March 25 on hopes for a de-escalation of the Middle East war after Washington sent a peace plan to Iran, while Tehran announced it will let "non-hostile" oil vess...
A 'no stock' sign is displayed on a pump at a petrol station in Hyderabad on March 25, 2026. Oil prices tumbled and stocks rose on March 25 on hopes for a de-escalation of the Middle East war after Washington sent a peace plan to Iran, while Tehran announced it will let "non-hostile" oil vessels through the crucial Strait of Hormuz. Photo by Noah Seelam / AFP
