Story perspectives
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.
