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world11h ago
Iran declares Strait of Hormuz 'completely open' for rest of ceasefire
Metro.co.uk and 22 more
- Oil prices initially declined after the Strait of Hormuz reopened, highlighting a swift energy market reaction to the new opening.
- Major carriers began adjusting schedules or cutting flights as higher jet fuel costs press travel economics amid the reopened strait.
- Analysts expect some travel affordability to return as oil shipping lane activity restarts, though ongoing risks remain for prices and service.
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