global oil markets
2 stories
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financeIran Closes Strait of Hormuz Amid US Tensions, Disrupting Global Oil Markets
Market odds of the Strait of Hormuz reopening by August 31 dropped to 19.5% as Iran-US military strikes escalate, threatening global energy supplies.
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worldUS and Iran Sign Ceasefire Agreement Amid Strait of Hormuz Uncertainty
The US and Iran have finalized a deal ending three months of conflict. While the White House confirms the agreement is active, the timeline for reopening the Strait of Hormuz remains unconfirmed.