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Oil Steadies While Tankers Openly Enter Hormuz After Peace Deal (opens original article in a new tab)

TL;DR

Oil steadied while tankers openly enter Hormuz after a peace deal between Iran and the US.

  • Oil prices steadied after an agreement between Iran and the US to end their conflict
  • Tankers are more openly transiting the Strait of Hormuz
  • Ellen Fraser, an energy expert, discusses recent oil market movements
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