Strait of Hormuz reopens after US-Iran peace deal: Oil flows resume, what it means for prices

Jun 18, 2026 - 06:45
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Strait of Hormuz reopens after US-Iran peace deal: Oil flows resume, what it means for prices
While the resumption of tanker traffic is likely to ease pressure on energy prices, shipping and insurance industries are waiting for greater security guarantees before declaring the crisis over.

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