Viewpoint: Hormuz Is Reopening, but Global Shipping Won’t Return to Normal for Months

Viewpoint: Hormuz Is Reopening, but Global Shipping Won’t Return to Normal for Months

Iran and the United States are about to sign a peace deal that will reopen the Strait of Hormuz, the narrow waterway that carries about one-fifth of the world’s oil. Oil prices reacted quickly to the announcement of the tentative …

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