SECURITYSEMAFOR
Hormuz will never really be open again
The US-Iran de-escalation deal may restore some oil tanker traffic through the Strait of Hormuz but global energy trade remains disrupted. Goldman Sachs lowered its oil price forecast, and experts highlight long-term shifts toward electrification and energy security challenges, with Iran maintaining leverage to disrupt transit.
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Adjacent reporting
- US-Iran deal relieves energy markets
- The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year
- LNG Tanker Heads Toward Hormuz as Deal Raises Hopes of Reopening
- Oil prices tumble amid hopes strait of Hormuz will soon reopen
- HORMUZ TRACKER: Traffic Slows to Trickle as Opening Hopes Dashed