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Birdie_OKX
Rejection of Iran's seven-day Hormuz proposal removes the clearest near-term path toward restored passage, even if the offer remains open. Brent's more than 4% intraday drop showed how much relief had been priced on negotiation hopes.
The weekend setback may force markets to reassess disruption risk, but the next signals on access and sanctions matter more than one headline.
#Hormuz7DDealRejected
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