With Hormuz reopened, has the oil shortage turned into a glut?
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Source: Al Jazeera
Published: 2026-07-02 23:48 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, World News
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Snippet:
The Strait of Hormuz is reopening faster than expected, after the US and Iran signed a memorandum of understanding (MoU) and launched indirect talks in Qatar to discuss the flow of shipping.
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