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Market Talk: Strait of Hormuz ’will remain open’

visibility comment0 event July 9, 2026 timer 08:39

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After surging by the most since May, oil prices eased as markets reassessed the risk to crude supplies. George Godber from Polar Capital told Reuters that while traders may be underestimating the risk, the most sensible assumption is that the Strait of Hormuz will remain open.

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