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Katie_OKX
#HormuzStrikeTalksStall The Hormuz situation is sending two completely different signals at once, and that’s what makes it difficult to read 🌊
An Iranian merchant vessel was reportedly attacked near the strait on September 13, with casualties. Meanwhile, Saudi Arabia’s bypass pipeline remains shut after drone strikes, and US diesel prices have moved above $6 per gallon.
At the same time, an Oman-hosted meeting on Hormuz shipping scheduled for September 14 was postponed without a new date. Trump suggested the US-Iran conflict could end after the November midterms, but no ceasefire is currently in place.
What caught my attention is the gap between political language and physical conditions. De-escalation may be discussed publicly, yet ships, pipelines and fuel markets are still dealing with real disruption 🛢️
To me, the most useful signal now isn’t another optimistic statement. It’s whether shipping routes reopen safely and negotiations return to a confirmed timetable.
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