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Middle East Oil Flow: Hormuz Strait's Impact on Global Markets
Oil flow through the Strait of Hormuz exceeds market projections, raising concerns about global supply. US officials report increased crude movement, while external data shows a decline in tanker activity and stockpiles. Shadow fleets complicate monitoring, potentially leading to oil price volatility and supply uncertainties.
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"When it comes to oil, the Strait of Hormuz is the ultimate traffic jam!"
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File ID: #363371Original Source: Times Of India ↗
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