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Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target

MarketWatch

BusinessMarketWatch·Jun 30, 2026·1 min read

Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target

The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.

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