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While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Iranian lawmakers have been backing calls to close the Strait of Hormuz, a vital global trade route, where more than a fifth ...
This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, ...
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...
U.S. oil prices sank Monday afternoon as markets assessed that reports of retaliatory strikes by Iran were unlikely to affect ...
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