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2026-10-31 05:26:24
International rating agency Fitch Ratings released an assessment stating that, based on current baseline projections regarding the risks of conflict with Iran, a long-term agreement of some form is highly likely to be reached around the first quarter of 2027, at which time the Strait of Hormuz will reopen to traffic. As one of the world's most important oil transportation routes, the navigation status of the Strait of Hormuz has long had a significant impact on the global energy market, commodity trade, and even the global economic trend. This prediction provides a new reference dimension for long-term risk assessment in related fields.
