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Global oil markets face heightened price spike risk as Iran conflict reignites
Renewed US-Iran conflict threatens global oil supply through the Strait of Hormuz, with Brent crude forecasts revised up nearly 30% and analysts warning of
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thehindubusinessline.com
Oil prices rise as US-Iran conflict deepens and Strait of Hormuz risks grow
Oil prices climbed as renewed US-Iran attacks raised concerns over Strait of Hormuz and Red Sea supplies, pushing Brent above $85 a barrel.
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timesofindia.indiatimes.com
Strait of Hormuz closure: Why crude oil prices haven’t spiralled out of control amid US-Iran conflict
The Middle East conflict and the closure of Strait of Hormuz led to the biggest oil supply shock and disruption in recent times. Global oil supply fell by 13.6 million barrels per…
