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China urged to strengthen navy escorts and find other routes to secure energy supply
Strait of Hormuz may reopen on Friday, but oil prices could take 8 weeks to settle
The Joint Maritime Information Center downgraded the threat level in Hormuz to "substantial" from "severe" in an advisory note published Tuesday.
UAE Moves to Cut Dependency on Strait of Hormuz to ‘Zero’
Just hours after reports of a breakthrough understanding between the United States and Iran, fresh uncertainty has emerged over the future of the strategically vital Strait of Hormuz.
