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What is the Strait of Hormuz? How will its closure impact oil prices?
About 20-30 percent of global oil and gas supplies are shipped through the Strait of Hormuz.
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lemonde.fr
Bombings in Iran raise fears of oil crisis
The closure of the Strait of Hormuz and US-Israeli strikes in Iran are reigniting the specter of a surge in crude oil prices. But the global economy is less vulnerable today than…
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arabnews.com
Why world powers have a major interest in keeping Strait of Hormuz open
LONDON: As the conflict between Israel and Iran intensifies, attention is turning once again to the Strait of Hormuz — the narrow, 33-km-wide stretch of water separating Oman and…
