#Strait of Hormuz

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Oil Holds Slump as US Offers Memo to Iran in Bid to Open Strait

May 7, 2026 (5 days ago)

Oil prices slump and hold losses as the U.S. delivers a memo to Iran to open the Strait of Hormuz, easing supply…

▲ U.S. delivers a memo to Iran seeking to open the Strait of Hormuz

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