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Oil Prices Waver as Traders Hope the Strait of Hormuz Will Reopen

Oil Prices Waver as Traders Hope the Strait of Hormuz Will Reopen

Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and begin a 60-day cease-fire.

Source: https://www.nytimes.com/2026/06/17/business/iran-war-hormuz-oil-gas.html

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