Rida'i: Strait of Hormuz reopens after Gaza and Lebanon conflicts end
Gold reached its highest level following increased hopes of opening the Strait of Hormuz, amid Iranian statements confirming that opening the strait depends on Washington fulfilling its commitments. Iran indicated that the opening of the strait is linked to a change in U.S. behavior, and that talks with Oman regarding the reopening of the strait have been constructive. Iran also emphasized the use of new arrangements across the strait to exert pressure on America within the current escalation.
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