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Closure of Strait of Hormuz could disrupt global economy
Goldman Sachs on Monday warned of energy supply risks as Middle East tensions threaten the Strait of Hormuz, which could potentially spike oil and gas prices. It estimated that Brent crude could briefly hit $110 per barrel if oil flows through the critical waterway were halved for a month.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...
Secretary of State Marco Rubio appeared on "Face the Nation with Margaret Brennan" Sunday and said what happens next "depends ...
Japan's Nippon Yusen and Mitsui O.S.K. Lines said on Monday they have instructed their vessels to minimise the time spent in ...
2hon MSN
Andy Rothman, founder of Sinology, talks about China's position in the Middle East conflict, and why it's likelier to urge ...
The waterway is essential for transporting a fifth of the world’s oil and gas. Most oil exports from countries like Saudi ...
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...
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