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Oman Ditches Tolls, But Hormuz Still Closed for Business

Geopolitics

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Oman Ditches Tolls, But Hormuz Still Closed for Business

Oman decided to skip tolls for ships in the Strait of Hormuz, but surprise! The strait is still closed for business. This spot is super important for global energy, but tensions are high. Oil prices are climbing, and shipping rates are going wild. Until things cool down, everyone is on edge about this vital route.

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