Economy Watch
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Hormuz reopening to flood world with crude oil
5 minutes
Posted Jun 24, 2026 at 7:37 pm.
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The opening of Hormuz expected to create new distortions. US data soft. Taiwan data strong. China harvests swell. Aussie inflation stays high.
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Commodity currencies take it on the chin
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Hormuz still fragile, but inflation returns as the next big issue
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