Tag: Iran maritime passage
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Oil shock pause? Strait of Hormuz reopening sparks global relief but raises big questions
The Strait Hormuz reopening has emerged as a critical turning point in the ongoing geopolitical crisis, as a last-minute US Iran ceasefire agreement has temporarily restored one of the world’s most vital energy corridors. Iran announced a two-week safe passage window through the Strait of Hormuz, a move that comes after weeks of escalating tensions…