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المشهد العربي
Energy Agency Chief Urges Hormuz Strait Reopening
The Director of the International Energy Agency welcomed the signing of a temporary agreement to end Iran's war, and called for the unconditional reopening of the Strait of Hormuz to ensure the stability of global energy markets. He emphasized that the closing of the strait remains a possibility again and highlighted Saudi Arabia and the UAE’s efforts to establish alternative routes for transporting oil and gas. He also confirmed that reopening the strait would boost confidence in the global oil market, especially after the decline in prices since the signing of the agreement.
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