EnergyCriticalConfirmedAccelerating
10.0
Iran to define conditions for reopening Strait of Hormuz amid mediation efforts
Al Jazeera·IR·about 12 hours ago
Brent and WTI crude prices rebounded following reports of stalled negotiations between Iran and Oman regarding Strait of Hormuz transit protocols. Market volatility is further exacerbated by signals of potential Russian escalation in the Ukraine conflict, creating a risk-off sentiment in energy markets.
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