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US energy executives warn of massive oil supply crunch
Executives from the largest US energy companies warned on Thursday that oil prices are likely to spike this summer, as the buffers the US and other western countries used to mitigate the impact of the closure of the Strait of Hormuz run dry.
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oilprice.com
Shrinking Oil Inventories Raise Fears of Prolonged Energy Crisis | OilPrice.com
Analysts warn record inventory drawdowns, collapsing Hormuz exports, and rising summer fuel demand are tightening markets far faster than expected.
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middleeasteye.net
'Brent will shoot up': US energy executives warn of massive oil supply crunch
Energy executives say the world is weeks away from oil hitting $150 per barrel, with government and private industry reserves depleted
