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markets · Published brief

Oil shipping through the Strait of Hormuz reportedly remains severely restricted

Reports indicate that only seven vessels passed through the Strait of Hormuz while oil prices remain elevated. Axios reports a covert U.S. corridor to move millions of barrels of oil.

By DoomRadar · Published on DoomRadar .

Why it matters

Sustained disruption in this strategic waterway could raise global oil prices and disrupt energy supplies.

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