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

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

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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.

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