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Breaking Posted 3 hours ago

Hormuz Oil Flows Reach 7M Barrels Daily, Half Normal

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US Energy Secretary Chris Wright reports 7 million barrels of daily oil shipments now flowing through Strait of Hormuz, representing roughly half of volumes stranded when Iran war began. USD/JPY, USD/CAD, and NOK pairs likely to strengthen as oil supply concerns ease. Reduced geopolitical premium supports risk-on sentiment favoring commodity currencies over safe havens.
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