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Oil: Brent retraces gains on fragile ceasefire – Rabobank

Rabobank strategist Molly Schwartz notes that Brent Oil traffic through the Strait of Hormuz remains constrained despite a nominal ceasefire between the US and Iran. War insurance costs have risen sharply and shipowners are being advised to pause Hormuz voyages.

Bullish · Brent Oil fxstreet news Fri, 10 Jul 2026 07:25:36 UTC

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