Tasnim, citing Iranian source, says Strait of Hormuz will not return to pre-war conditions as long as the "psychological warfare" continues
- Will continue to respond and defend their country.
- There have been no talks, there are no talks.
Context
The news regarding the Strait of Hormuz not returning to pre-war conditions indicates a potential escalation in tensions that could impact oil supply routes. The absence of dialogue coupled with the mention of ongoing "psychological warfare" suggests a standoff that may keep volatility elevated in energy markets. Traders should consider how this geopolitical risk might influence crude prices and related assets.
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