Hormoz cleared of mines boosting oil and gold

The article discusses the American statements regarding control of the Strait of Hormuz and the removal of Iranian mines, which led to a decrease in geopolitical tensions in the region. This easing of tensions has contributed to the stabilization of oil prices at high levels, with Brent crude remaining near $87.7 and West Texas Intermediate above $82. Meanwhile, gold prices rose by 1.07% to exceed $4,435 per ounce. Additionally, both the Kospi and Nikkei indices showed positive performance amid a rebound in risk appetite, as investors continue to assess the prospects of a US interest rate hike, with the Federal Reserve likely to raise rates by 25 basis points in September.

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