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The Israel-Iran conflict has taken a perilous new turn, with fears mounting that Tehran could choke off global oil supplies ...
Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.
Investors are looking for evidence of supply disruption in crude markets as the conflict enters its sixth day.
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...
Iran is reportedly considering closing the Strait of Hormuz, a critical global oil chokepoint, as tensions with Israel ...
About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for ...
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