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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting Tehran's intent to signal diplomatic openness, Iranian authorities have begun partially restoring internet services following a period of near-total digital isolation. NetBlocks confirmed the partial return of global connectivity after 88 days of blackout. This shift follows a direct order from President Masoud Pezeshkian to reopen international access after a record-breaking three-month shutdown that severely impacted the country's communication with the outside world.
This digital de-escalation coincides with broader geopolitical efforts to ease tensions in critical maritime routes, specifically the Strait of Hormuz. Analysts suggest the restoration serves as a signal of normalcy amid ongoing back-channel talks with Washington. According to market data from the API released on May 19, 2026, U.S. crude oil stocks saw a significant draw of 9.1 million barrels, far exceeding the forecasted 3.4 million barrel decline, highlighting the energy market's continued sensitivity to Middle Eastern developments.
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Sign InTraders are closely monitoring whether this restoration remains permanent as a proxy for regional stability. Looking ahead, the market awaits the release of the FOMC Minutes later today, May 20, 2026, which will be crucial for assessing the U.S. monetary trajectory. Any shifts in the Fed's tone could impact dollar-denominated commodities, especially as geopolitical risks in the Gulf remain a primary driver for volatility.