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The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...
About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...
Oil prices stabilised Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict ...
Amid escalating attacks between Iran and Israel, Iran threatens to withdraw from the Nuclear Non-Proliferation Treaty and potentially close the Strait of Hormuz, a critical global oil route.
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...
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