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energyLOWIR2026-05-05 01:30 UTC

Crude oil jumps 6% as Iran strikes ships, ignites Emirati port, squeezes Hormuz flows

An employee demonstrates a sample of crude oil in the Yarakta Oil Field, owned by Irkutsk Oil Company , in Irkutsk Region, Russia, in this picture illustration taken March 11, 2019. — ReutersEscalation follows US pledge to force the shipping route open.Central banks turn more hawkish...

ORIGINAL SOURCE →via Geo News Pakistan
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