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Just 24 miles wide at its narrowest point, the Strait of Hormuz is a crucial waterway through which millions of barrels of oil pass every day. Iran has repeatedly threatened to close it - is Tehran ...
Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane
President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...
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