Iran Opens Strait of Hormuz While Blocking U.S. and Israeli Vessels

TLDR Iran allows limited international shipping while blocking U.S. and Israeli vessels.  The Strait of Hormuz handles 20% of global oil, influencing worldwide energy flows.  Indian and Saudi tankers are among the first approved for safe passage.  Oil prices remain above $100 amid cautious global market monitoring. Iran has signaled a selective reopening of the [...]

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