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Oil Industry Makes Tentative Moves Ahead of Deal to Open Hormuz

Bloomberg Markets · Jun 17, 2026, 4:00 PM · Also reported by 3 other sources

The oil and shipping industry remains largely in wait-and-see mode ahead of Friday’s deadline to reopen the Strait of Hormuz, although there are some tentative signs of preparations as a handful of ships begin rerouting toward the Middle East while Iranian tankers laden with oil move out.

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Oil Industry Makes Tentative Moves Ahead of Deal to Open Hormuz

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