17 Jun 17 Jun

Iranian Tankers Resume Crude Oil Exports Through the Strait of Hormuz as Diplomacy with US Advances

Iranian oil tankers have resumed exports by exiting the Strait of Hormuz after the US Navy naval blockade was partially eased.The shipments follow a breakthrough agreement between the US and Iran aimed at ending the two-month conflict and stabilizing global energy markets.While Brent crude prices have dropped, maritime insurers remain cautious until the final peace treaty is signed in Switzerland.
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