Even a partial deal with Iran will help the slow journey to trade normality
A partial deal with Iran could aid the gradual return to normal trade relations. The blockade has had less negative impact on oil prices and food production than anticipated.
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Adjacent reporting
- Oil prices hit three-month lows on US-Iran agreement
- Oil Holds Gains as Traders Focus on Next Steps for Peace Talks
- Vance says US allows more than dozen ships through to Iranian ports, lifting blockade under deal
- U.S. to begin partial blockade of Strait of Hormuz, Trump says
- Oil prices slip to their lowest since March as US, Iran reach preliminary agreement to reopen Hormuz
- Return to pre-crisis oil and gas supplies months away even if strait of Hormuz reopens