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Global Business News

The Economic Times

Global Business / The Economic Times

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Shipowners on edge for news on Hormuz as dark oil flows swell

Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity if the vital waterway fully reopens. Even now, oil is discreetly flowing through the strait. A reopening could lead to a significant influx of oil into the global market.

13 Jun 2026 5:26 pm