Brent crude dropped over 7% intraday! Reports say Iran will open the Strait of Hormuz 30 days after reaching an agreement with the US.
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According to the Nikkei News, the United States and Iran are discussing a plan to open the Strait of Hormuz approximately 30 days after both sides reach an agreement to cease hostilities.
Under this plan, Iran will clear mines from the strait within 30 days of reaching the agreement. After