EnergyHighReportedAccelerating
7.5
Iran's Hormuz leverage erodes as Gulf crude flows bypass strait
OilPrice.com·IR · AE · SA·2 days ago
The dollar strengthened for a third consecutive week as US-Iran talks on ending the war and reopening the Strait of Hormuz remain stalled, keeping oil prices elevated. The lack of progress sustains safe-haven demand for the dollar and supports higher energy costs, though the duration of this dynamic is uncertain.
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