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Is oil about to spike again?

On June 18, Iran and the U.S. signed a memorandum of understanding intended to mark the beginning of the end of their military standoff. The deal included 14 points, among them the lifting of the U.S. naval blockade and other regional restrictions on Iran, while Tehran agreed to reopen the Strait of Hormuz. Fast forward a couple of weeks, and things aren't…

Bearish · Oil investinglive Thu, 09 Jul 2026 05:35:05 UTC

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