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Asian oil imports threatened as traffic halts in the Strait of Hormuz
Countries in Asia rely heavily on Middle Eastern oil exports, notably China, which imports 57% of the oil it needs from the region.
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arabnews.com
Asian oil buyers assess stockpiles, Middle East alternatives as Iran conflict escalates
LONDON: Asian governments and refiners rushed to assess oil stockpiles as well as alternative shipping routes and supplies as the Iran conflict disrupted shipping in the crucial…
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aljazeera.com
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.
