Iran just named its price: Foreign Minister Araqchi said Sunday the offer is s… · @cybssky · TwKit

@cybssky

Iran just named its price: Foreign Minister Araqchi said Sunday the offer is still on the table — if the US lifts the port blockade and oil export sanctions first, the Strait of Hormuz reopens within six days. The strait carried about a fifth of global oil and gas trade before the war, and Brent touched $110 on Friday. Whether oil comes off the boil now depends on whether Washington accepts Tehran's sequencing.

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