WS #13993

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Iran confirms Hormuz remains blocked until US meets conditions; ship transits down ~90% from pre-war levels, but oil prices fall ~2% on softer US PPI and demand concerns.

Hormuz blockade and oil market

Iran confirms Hormuz remains blocked until US meets conditions; ship transits down ~90% from pre-war levels, but oil prices fall ~2% on softer US PPI and demand concerns.

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