Oil prices plunge as Iran says Strait of Hormuz 'open'

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The Iranian Foreign Minister, Abbas Araghchi has announced the Strait of Hormuz will be open to all commercial vessels while Israel's ceasefire in Lebanon is in place. President Trump has insisted the opening of the Strait of Hormuz is not subject to the Lebanese ceasefire. We speak to our business, security and Middle East correspondents. Pope Leo has been holding a big open-air Mass in Cameroon. We hear from two Catholics with opposing views on the row between the Pope and President Trump. The US and Hamas held their first direct talks since the Gaza ceasefire this week, as part of efforts to advance the fragile US-brokered agreement. We get an update on the situation in Gaza, and speak to students there. Presenter: James Reynolds (Photo: A petrol pump nozzle filling the tank of a car at a petrol forecourt in London, Britain, 10 March 2026. Credit: Neil Hall/EPA)