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Energy Security depends on Hormuz reopening

Energy Security depends on Hormuz reopening

A report from the International Energy Agency stated that halting the war and opening the Strait of Hormuz are essential to prevent a deterioration of global energy security, as regional conflicts could disrupt oil supplies and significantly increase prices. The report emphasized that ongoing tensions could threaten the stability of energy markets, stressing the importance of diplomatic solutions to reduce risks and ensure the safe flow of oil.

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