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Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target

The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.

This article was originally published by MarketWatch and is republished here under license.

The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.

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