The Strait of Hormuz will soon be open for business again – but business will never be the same again | The National
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Source: The National (UAE)
Published: 2026-06-20 04:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, Business & Economy, War & Conflict
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Snippet:
This week the US and Iran signed a memorandum of understanding to end their confrontation. The blockade of Iranian ports is expected to be lifted, the Strait of Hormuz is expected to reopen within days and Qatar has already begun moving its tankers back towards Ras Laffan. The immediate reaction across energy markets in the coming days will be relief.
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