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The Strait of Hormuz is one of the busiest shipping routes in the world and provides the only sea passage from the Persian ...
Oil prices stabilised on Wednesday after a surge fueled by fears of escalating US-Iran conflict, triggered by President Trump ...
Asian shares were mixed and oil prices advanced Wednesday after the escalation of conflict in the Middle East hit Wall Street ...
A former White House official issued a chilling ultimatum to Donald Trump's administration as oil prices continue to rise in ...
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if ...