Daily brief
Iran announced it will open the Strait of Hormuz during a ceasefire, following a blockade that had disrupted oil shipments. The announcement came as soaring oil prices continued to squeeze small cleaning shops and dry cleaners in multiple countries. A South Korean oil tanker was reported to have passed through the Red Sea after the strait blockade.
Soaring oil prices are squeezing small cleaning shops and Tokyo dry cleaners, as war drives up costs.
by WorldBrief & Maksim Micheliov | AI-generated summary