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macroJun 19, 2026, 8:34 AM

Rabobank: Strait of Hormuz Risks Ease but Fees Loom

Rabobank reports that a 60-day US-Iran memorandum of understanding has reduced immediate risks of a Strait of Hormuz closure, but shipping fees remain a concern.

CLUSOIL

Rabobank analysts highlighted that the recent 60-day memorandum of understanding between the US and Iran has lowered near-term geopolitical risks for global oil supply by keeping the Strait of Hormuz open.

However, the bank noted that shipping fees could still represent a looming cost pressure, though further specifics on these charges were not detailed in the report.

Source: FXStreet Forex News