Macro Finance
Oil Declines as US, Iran Said to Explore Deal to Open Hormuz
Bloomberg Markets·September 25, 2026·1 min read
US and Iranian negotiators are exploring a phased deal to reopen the Strait of Hormuz in exchange for Washington lifting its blockade of Iranian ports, similar to a memorandum of understanding from mid-June. Charles Gorrivan reported the development on Bloomberg Television, signaling potential shifts in oil supply routes and global energy markets.
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