Strait of Hormuz Reopens to Commercial Shipping, but Risk to Global Trade Remains
Iran says commercial traffic can resume through the Strait of Hormuz during the 10-day Lebanon ceasefire, sending oil prices sharply lower. But with U.S. pressure on Iranian shipping still in place and shipowners seeking operational clarity, this is a partial reopening, not a return to normal. Iran said Friday that the Strait of Hormuz is …
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