29 Days
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وكالة موازين نيوز
Oil prices exceed $85 per barrel as data confirm decline in crude shipments through Hormuz
Oil prices rose above $85 per barrel amid escalating fears of energy supply disruptions in the Middle East, amid ongoing American and Iranian attacks. Data from Kpler indicated that the amount of oil transported through the Strait of Hormuz decreased by 62%, reflecting shipping disruptions and a decline in oil flows in the region due to renewed attacks and sanctions on Iran. Additionally, cargo loadings declined by 47%, increasing the likelihood of continued price increases and supply outages in global markets.
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