Shippers remain cautious on Strait of Hormuz, despite tentative U.S.-Iran peace deal
· The Globe and Mail
AI Briefing
- • Global oil prices fell 4% on Monday after U.S.-Iran peace deal.
- • Shippers remain cautious, confidence rebuilding takes weeks.
- • Navigation will restart once safety is assured, not immediately.
Source Summary
Global oil prices fell about 4% on Monday in response to news of an agreement
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