InternationalNewsAPI
Walking away from the Strait of Hormuz won’t make gas cheap again - CNN
Overview
The de facto closure of the Strait of Hormuz had been pushing up fuel prices and threatening broader economic pain; recent news that Iran declared the strait open triggered an immediate price drop. However, the underlying problems — trapped cargoes, attacks on shipping, and a loss of confidence in safe passage — still exist. The report’s call for verified demining, neutral inspections and coordinated multinational security remains key to restoring normal flows and preventing renewed price shocks.
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ORGCNNLOCStrait of Hormuz
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