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Iran Says Hormuz Deal With Oman Soon, Oils Rises, More
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain
Iran said a deal with Oman concerning the Strait of Hormuz could be reached soon, while oil prices rose. Details of the proposed agreement were not provided, but developments affecting the key oil-shipping chokepoint could have material implications for crude supply flows and energy-market risk premiums.
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