Oil: Strait of Hormuz Reopening Eases Stress – BNY Bny’s Bob Savage: That the U.s.-iran Agreement to Reopen the Strait

Oil: Strait of Hormuz reopening eases stress – BNY BNY’s Bob Savage reports that the U.S.-Iran agreement to reopen the Strait of Hormuz has significantly reduced immediate energy supply risks.

This geopolitical de-escalation has lowered energy market stress and helped calm inflation