Not A Charm@not_a_charm

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Strait of Hormuz gas price impact

Iran and Oman are reportedly close to a shipping-lane deal for the Strait of Hormuz, but Tehran isn't moving without concessions. The national security chief laid out U.S. demands that include full war compensation, troop withdrawal, sanctions relief, asset unfreezing, and an end to all threats against Iran and its regional allies. Even a technical deal won't restore the 20% of global oil that normally moves through there. Meanwhile U.S. average gas prices dropped 8 cents this week, still up from last year

3w

Not A Charm@not_a_charm

Segui

Strait of Hormuz gas price impact

Iran and Oman are reportedly close to a shipping-lane deal for the Strait of Hormuz, but Tehran isn't moving without concessions. The national security chief laid out U.S. demands that include full war compensation, troop withdrawal, sanctions relief, asset unfreezing, and an end to all threats against Iran and its regional allies. Even a technical deal won't restore the 20% of global oil that normally moves through there. Meanwhile U.S. average gas prices dropped 8 cents this week, still up from last year

3w