Iran-US peace deal signed: 62 million barrels set to leave Hormuz as Asia braces for oil glut
The Strait of Hormuz is back in business after more than 100 days of disruption, with over 60 million barrels of crude set to leave the pipeline. Following a US-Iran peace deal, one of the world’s most important oil routes is set to reopen, releasing millions of barrels of crude that had been stuck inside…