156 Days
Source:
عربية – DW
Source: عربية – DW
156 Daysعربية – DW
Source: عربية – DW
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Tensions are escalating around the Strait of Hormuz after Iran took control of it at the start of the war in February, through which a fifth of global oil production passes. Despite ongoing negotiations, no agreement has been reached to reopen the strait, while the United States maintains a blockade on Iranian ports and Iran continues to use its position as a pressure tool on global markets. This situation has led to dangerously low oil inventories, with a sharp increase in oil prices expected if the circumstances remain unchanged.
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