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3 hours ago

Middle East oil producers step up plans to bypass the Strait of Hormuz

Middle East oil producers step up plans to bypass the Strait of Hormuz

Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait. As Iran's chokehold on the strait drags on and oil prices... Read more.

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