Oil reportedly falls amid disputed Strait of Hormuz reopening claims
A post citing CNBC says a possible reopening hinges on easing U.S. military pressure and lifting the blockade on Iranian ports. It adds that Iranian sources disputed the reports as inaccurate.
TLDR
A September 22 post citing CNBC says oil prices fell after reports suggested Iran could reopen the Strait of Hormuz within seven days if U.S. military pressure eases and the blockade on Iranian ports is lifted. The same account says Iranian sources disputed those reports as inaccurate.
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