How the U.S.–Iran Deal Is Reshaping the Oil Market and What It Means for Azerbaijan The signing of a memorandum between the United States and Iran in Versailles and the effective lifting of the blockade of the Strait of Hormuz has become one of the most significant developments for the global energy market in 2026. As U.S. President Donald Trump announced the agreement, he sent a clear signal to markets: the oil shock that had kept the g...

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