🚢 Iran opens the Strait of Hormuz - what’s actually happening💁♂️
Iran officially declared the strait open for commercial shipping during the ceasefire.
📊 But key details:
• passage is route-controlled
• still under Iranian supervision
• temporary - tied to the ceasefire
📉 Market reaction:
• oil drops sharply (10%+)
• risk assets rise
• tensions ease
❗️ Important: this is not a full normalization
The strait is open - but in a controlled and fragile state 🔥
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