If the Strait of Hormuz really opens up, can oil prices drop a bit?

View Original
BlockBeatNews
U.S. media: The U.S. and Iran have reached an agreement on fully opening the Strait of Hormuz
The Washington Post reports that the US and Iran have reached an agreement on a memorandum of understanding framework.
If signed, full shipping through the Strait of Hormuz will be restored within 30 days, and a ceasefire will be extended for 60 days, aiming for a final peace agreement.
Iran commits not to possess nuclear weapons;
discussions on the implementation mechanism will take place within two months.
The two sides did not sign on the 24th.
If signed, Iran will immediately open the strait, lift the blockade, and cease related military actions.
In the first phase, the US will unfreeze $12 billion in assets and initiate demining efforts, with nuclear issues to be addressed in subsequent negotiations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned