GeneralNeutralCrypto Briefing · 4h ago6/10
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Oil returns to pre-war levels as Hormuz traffic rebounds, US reassures Gulf allies
Oil prices have recovered to pre-war levels as maritime traffic through the Strait of Hormuz rebounds, signaling potential economic stabilization in a critical energy corridor. The US has reassured Gulf allies of its commitment to regional security, though persistent threats could still impede a full recovery.
