Sigh of relief in Africa as the Strait of Hormuz 'reopens'
Lucian Nemoiu
The prospect of a peace agreement between the United States and Iran is fueling optimism across global financial and commodity markets. At the center of attention is the Strait of Hormuz —one of the world's most important shipping routes and a critical artery for global oil flows. A large share of traded crude passes through the narrow corridor between the Persian Gulf and the Gulf of Oman . Any disruption pushes energy prices higher , while easing tensions typically stabilizes markets. If
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