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El-Sheimi: Hormuz Opening Doesn't Ensure Market Stability
Political science professor Muhammad El-Shimi confirmed that opening the Strait of Hormuz, which is linked to the potential signing of a memorandum of understanding, will not guarantee long-term market stability. He clarified that this step might help facilitate international trade and reduce oil and resource prices, but it is temporary due to the ongoing lack of trust between Iran and the United States—particularly concerning frozen Iranian assets and its nuclear program.
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