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UBS On-Air: Paul Donovan Daily Audio 'How to survive an affordability crisis'
Published 1 month, 3 weeks ago
Description
Iran and Oman are close to agreeing on a shipping route through the Strait of Hormuz. While this may not signal an immediate reopening of the strait, it does suggest Iran is considering reopening the strait. Crude oil prices have fallen (although gasoline prices in the US remain comfortably over USD 4 per US gallon).