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As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Geopolitical shocks continue to impact the oil market as prices spike in response to the Israel-Iran conflict. With the US ...
Global oil prices edged modestly lower in Wednesday afternoon trading, remaining nearly 10% higher than before Israel’s first ...
This surge reflects the market's concerns regarding the disruption of oil supplies from the Persian Gulf region. The Strait ...
Petroleum futures were down late Wednesday morning, despite a bullish government report that showed a large drop in crude oil stocks and higher gasoline and distillate demand in the week ended Friday.
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