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Shipowners warn that the situation in the Gulf is still "volatile" and that clearing the backlog of ships wanting to get out could take weeks in spite of any peace deal. It appears (from Iranian reports) that after 60 days they will also start trying to charge tolls www.ft.com/content/c2d4...
Prices slip even as analysts warn that flows may be slow to recover and remain vulnerable to renewed disruption
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Oil falls on US-Iran deal but Hormuz backlog may last weeks
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Alice Hancock