Holmuz Strait reopening prospects remain unclear, oil prices show a tug-of-war trend

Odaily Planet Daily News As the market awaits clarity on the reopening prospects of the Strait of Hormuz, crude oil futures prices continue to show a tug-of-war trend. Analyst Nikos Chabras stated in a report that the recent resurgence of hostilities could undermine the ceasefire agreement, thereby maintaining risk premiums. He added, (Jinshi)