*US HAS 'OPENED A PASSAGE' IN HORMUZ FOR FREE PASSAGE: COOPER

The U.S. has reportedly established a secure corridor in the Strait of Hormuz to ensure the free passage of vessels, as stated by a U.S. official. This development could influence market dynamics by alleviating concerns over potential supply disruptions in a critical oil transit route, thus impacting risk appetite among traders. Oil markets, particularly Brent and WTI crude, are most exposed due to their sensitivity to geopolitical tensions in the region. Traders will be closely watching upcoming shipping traffic reports and any further statements from U.S. officials regarding maritime security measures in Hormuz.

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