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How the Strait of Hormuz Detente Is Reshaping Global Energy Trade
Lucas and Luna break down this week's breakthrough talks between Iran, Saudi Arabia, and Oman over the Strait of Hormuz — and what it means for global oil and LNG shipments. With crude sliding on de-escalation hopes and shipping insurance premiums already dropping, they explore how a détente could redraw energy supply routes, shift tanker demand, and impact everything from Asian refineries to European gas prices. Drawing on the latest trade and dollar data, they also consider the limits of diplomacy in a region still defined by mistrust and competing interests.
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