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5 hours ago

Red Sea shutdown risk looms as US-Iran tensions threaten to send oil prices even higher

Red Sea shutdown risk looms as US-Iran tensions threaten to send oil prices even higher

As tit-for-tat strikes persist following the collapse of a month-long interim truce between the US and Iran, the Red Sea – a critical chokepoint for oil shipments – could be sealed off if tensions escalate, potentially sparking a fresh surge in... Read more.

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