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world12h ago
Iran declares Strait of Hormuz 'completely open' for rest of ceasefire
Metro.co.uk and 22 more
- Iran opens the Strait of Hormuz to commercial vessels amid a 10-day ceasefire, signaling a fragile pause that could affect global energy flows and diplomacy.
- Oil prices initially fell as shipping resumed, highlighting market sensitivity to the strait's status and potential disruption to supply.
- Major carriers began adjusting operations to manage higher jet-fuel costs, with Lufthansa and KLM citing fuel economics as a driver of changes.
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