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How Strait of Hormuz closure can become tipping point for global economy
A Strait of Hormuz closure due to U.S.-Iran war hit the oil market hard, but sectors reliant on shipping across economy from metals to farming are vulnerable.
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arabnews.com
Strait of Hormuz crisis is redrawing the global energy map
The Strait of Hormuz, a 39 km-wide waterway flanked by Iran to the north and Oman and the UAE to the south, is a passage through which one-fifth of the world’s oil flows each day.…
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What to know about the Strait of Hormuz, a key passageway essential for global energy supply
DUBAI, United Arab Emirates: The widening war in Iran has ground tanker traffic through the Strait of Hormuz to a halt and oil prices have been swinging sharply, highlighting the…
