US Sec. of Energy Wright announces oil traffic through Strait of Hormuz back to normal after US-Iran agreement to reopen vital waterway.

Strait of Hormuz set to reopen amid easing US-Iran tensions. Traffic returns to normal by end of June at 7.5% YES.

Shipping through the Strait of Hormuz is recovering after a US-Iran agreement reopened the vital oil chokepoint, but Goldman Sachs and Oxford Economics see a longer road back to…