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Iran refuses to reopen Hormuz without sanctions relief after Trump rejects its offer
Iran will reopen the Strait of Hormuz within seven days only if oil sanctions and the US naval blockade end, Foreign Minister Abbas Araghchi said. With Donald Trump rejecting the offer, budgets set this quarter are safer treating the disruption as the base case.
Reality
- Evidence68
- Adoption
- Insufficient
- Hype gap+15
- Incentives70
- Confidence62