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Oil flow resumes after Iran deal
Global energy markets are watching closely for the possibility of an agreement between the United States and Iran, aimed at reopening the Strait of Hormuz and easing restrictions on Iranian oil exports. As a result, oil prices have dropped to their lowest levels since March, with Brent crude approaching $87 per barrel and West Texas Intermediate falling below $85. The forecasts suggest that signing the agreement could boost oil flows through the strait and help restore balance to the market, although a full resumption of logistics operations and supplies will require a faster implementation and activation of contracts and infrastructure.
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