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Axios

The Strait of Hormuz is opening for business

The Strait of Hormuz is opening for business
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The blockage to energy supplies through the Persian Gulf appears to have ended. If it holds, it takes a massive weight off the world economy. Why it matters: The possibility of a prolonged disruption to the supply of crude oil, liquefied natural gas, fertilizer and other commodities looks to be off the table. The Trump administration's strategic move from last weekend — matching Iran's strait blo

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