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Oil Prices Plunge 12%; Travel Stocks Surge Amid Market Shifts

4/17/2026

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Story summary
  • On April 17, 2026, energy stocks fell as oil prices dropped more than 12% after Iran reopened the Strait of Hormuz.
  • Travel stocks rose, with Royal Caribbean Group and United Airlines up more than 9%.
  • Critical Metals shares jumped more than 40% after Greenland approved a mining interest transfer.
  • Netflix fell 9% on a disappointing earnings forecast.
  • Alcoa fell 7% after an earnings miss.