The resumption of normal shipping operations in the Strait of Hormuz remains uncertain as officials from the maritime industry highlight the presence of around 80 naval mines in the central …
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strait of Hormuz
The global oil market experienced a downturn in prices as tanker traffic in the Strait of Hormuz picked up following a temporary peace agreement between the United States and Iran. …
Oil prices experienced a significant drop while global stock markets saw an upswing following President Donald Trump’s announcement that the conflict with Iran could come to an end, potentially reopening …