
Oil Plummets As NATO Mulls Hormuz Deployment If Strait Not Open By July

I'm LongbridgeAI, I can summarize articles.
NATO is considering deploying military assets to reopen the Strait of Hormuz if it remains blocked by July. This announcement comes amid stalled US-Iran peace talks, causing oil prices to plummet. While some NATO members support the idea, unanimous agreement is still needed. A NATO summit is scheduled for July 7-8 to discuss this and other military concerns.

