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White House promises lower energy prices 'as soon as the Straits are open,' but analysts say to prepare for a 'Hormuz Hangover'

A deal between the US and Iran that includes reopening the Strait of Hormuz has been making progress, but energy analysts warn that global energy markets will take time to normalize. Translation: Don’t expect…

Editor 3 min read
White House promises lower energy prices 'as soon as the Straits are open,' but analysts say to prepare for a 'Hormuz Hangover'

An uncertain timeline for any deal announcement

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