Qatari Tanker Sails Toward Strait as US Awaits Peace Plan
A Qatari LNG vessel is transiting the Strait of Hormuz for the first time since the war began. Washington is awaiting a response from Tehran on its peace plan.
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The United States is awaiting a response from Iran on a peace proposal to end over two months of war. Conflict has disrupted one-fifth of global oil supply since beginning with strikes by the U.S. and Israel on February 28. A diplomatic resolution would stabilize energy markets currently facing extreme volatility.
