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Oil flow through Strait of Hormuz restored faster than experts predicted
๐Ÿ“ˆ Business

Oil flow through Strait of Hormuz restored faster than experts predicted

Following the US-Iran ceasefire, shipping through the Strait of Hormuz and oil and gas supplies have returned to normal far sooner than analysts had forecast. Experts had warned the process could take months, but supply has rebounded quickly. The calmer market situation may influence global energy prices in the coming weeks.

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