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Asian shippers fear spiralling costs as Iran threatens Strait of Hormuz closure
Apart from soaring oil prices, Asian economies have to factor in a surge in insurance premiums and potential supply disruptions.
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haaretz.com
If Iran closes Hormuz: How the Strait affects the world economy
About a quarter of all global oil flows through the Strait of Hormuz, the only sea passage from the Gulf to the oceans
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scmp.com
Asian shippers fear spiralling costs as Iran threatens Strait of Hormuz closure
Apart from soaring oil prices, Asian economies have to factor in a surge in insurance premiums and potential supply disruptions.
