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The Strait of Hormuz crisis shook up global markets. It witnessed oil prices surging as much as 55%, and saw gold climbing to a record $5,405 per ounce.
The United States said on Thursday that it had lifted its maritime blockade on Iran, while Tehran announced measures to reopen the Strait of Hormuz following the signing of a memorandum of understanding (MoU) between the two countries.
Click the image to explore what global energy and shipping went through since late February.
The Strait of Hormuz crisis shook up global markets. It witnessed oil prices surging as much as 55%, and saw gold climbing to a record $5,405 per ounce.
The United States said on Thursday that it had lifted its maritime blockade on Iran, while Tehran announced measures to reopen the Strait of Hormuz following the signing of a memorandum of understanding (MoU) between the two countries.
Click the image to explore what global energy and shipping went through since late February.