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S04 Ep45 Energy Market Update: Oil markets await a breakthrough on the Strait of Hormuz

Dela

Hopes of a deal to reopen the Strait of Hormuz pushed Brent below $80/b last week, but progress has proved elusive. With talks dragging on and tensions across the region continuing, confidence in a breakthrough is fading and Brent has climbed back to around $84/b.

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