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3 hours ago

Iran’s Hormuz levy could raise costs across the Gulf

Iran’s Hormuz levy could raise costs across the Gulf

That figure would exceed the estimated $4.7 billion Egypt generated from Suez Canal transit fees during the 2025-26 financial year. Around a fifth of global oil consumption passes through the Strait of Hormuz. What would the fee look like? Iran... Read more.

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Iraq And Syria Have Signed A Deal To Restore A Major Oil Pipeline. It Would Create An Alternative To The Strait Of Hormuz.
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