EnergyCriticalConfirmedAccelerating
10.0
Iran to define conditions for reopening Strait of Hormuz amid mediation efforts
Al Jazeera·IR·about 11 hours ago
The local currency has depreciated against the USD, returning to levels observed ten days prior as oil price volatility persists. The market is reacting to supply uncertainty stemming from the ongoing blockade in the Strait of Hormuz, which continues to exert upward pressure on energy costs.
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