A maritime-security company, Neptune P2P group, is advising clients not to cross the Strait of Hormuz after Iran announced the waterway was open, via WSJ

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A maritime-security company, Neptune P2P group, is advising clients not to cross the Strait of Hormuz after Iran announced the waterway was open, via WSJ

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Context

Neptune P2P group’s warning not to cross the Strait of Hormuz amidst Iran's announcement raises concerns about maritime security in a key oil transit route. This security advice could impact oil supply perceptions, particularly for WTI and globally linked commodities, potentially leading to volatility or risk premiums in energy markets.

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