Business & Finance Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported
The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.
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· July 1, 2026 · 1 min read
This article was originally published by
CNBC Top News
and is republished here under license.
The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.
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