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Strait of Hormuz traffic won't return to normal until end of the year, traders say

Two weeks ago traders saw a 60% chance that the Strait of Hormuz would open before August. Now traders see a higher chance that it will open before 2027.

Strait of Hormuz traffic won't return to normal until end of the year, traders say

Two weeks ago traders saw a 60% chance that the Strait of Hormuz would open before August. Now traders see a higher chance that it will open before 2027.

Geopolitics CNBC Jun 8, 2026

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