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Business / Energy Energy

Oil Industry Makes Tentative Moves Ahead of Deal to Open Hormuz

Source: bloombergMarkets June 17, 2026 · 09:00
The oil and shipping industry remains largely in wait-and-see mode ahead of Friday’s deadline to reopen the Strait of Hormuz, although there are some tentative signs of preparations as a handful of ships begin rerouting toward the Middle East while Iranian tankers laden with oil move out.
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