Iran and Oman have finalized the coordinates of a proposed safe shipping corridor through the Strait of Hormuz, with a joint statement under review and a Friday deadline looming. A deal would be a seismic shift for global energy markets, which have been on edge since the disruption began. Does Friday actually deliver a signed agreement, or does the deadline slip like so many others in this standoff already have?
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Oil futures barely moved so the market isn't convinced either
Can not see the effect of it on the price labels.