US‑Iran deal should see oil and LNG begin to flow again – slowly
AI Summary
Following a new deal between the US and Iran, President Trump is urging global shipping to resume operations, heralding a potential end to disruptions in the Strait of Hormuz. While oil traders are optimistic, the resumption of oil and LNG flows is expected to be gradual due to lingering uncertainties and logistical challenges. This deal could stabilize global energy markets, but the cautious optimism underscores the complex dynamics at play in international relations and trade.
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