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IRAN WILL REOPEN STRAIT OF HORMUZ AND CAN SELL OIL FREELY UNDER DEAL WITH U | BURNHAM AND HIGHBRIDGE WEEKLY NEWS

Iran reopening Strait of Hormuz signals potential increase in global oil supply.

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Why it matters
Iran reopening Strait of Hormuz signals potential increase in global oil supply.
Sources
gdelt
Related signals
BRENT FALLS BELOW $80 PER BARREL ON REPORT U.S. WILL ALLOW IRAN TO SELL OIL IMMEDIATELY — via CNBC →THE U.S. EMERGENCY OIL RESERVE IS BELOW 300 MILLION BARRELS FOR THE FIRST TIME SINCE 1983 - QZ →THE U.S. EMERGENCY OIL RESERVE HAS DRAINED TO ITS LOWEST LEVEL SINCE 1983 - QZ →