This reinforces the idea that reopening Hormuz is becoming an operational, not just diplomatic, base case, potentially capping extreme oil risk premiums if progress holds. However, the ceasefire dependency keeps near-term uncertainty elevated, with markets still sensitive to setbacks. Over 30 countries will meet in London to advance military plans to reopen the Strait of Hormuz, focusing on deployment and command structures, with any mission contingent on a sustainable ceasefire. Summary: 30+ countries to hold London talks on Horm... [2719 chars]
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