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War in Iran Is Causing a Shock to the Global Economy – and Trump Has No Choice
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In the midst of war and with the Strait of Hormuz closed, the oil price needed to align demand with supply in such a scenario could exceed $150.
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The Strait of Hormuz remains closed, but a Turkish ship was allowed to pass through, while Ankara continues to hold talks with Tehran about 14 more Turkish-owned ships that are there. The US Treasury Secretary claimed that Iran has not mined the Strait, but revealed that the possibility of warships escorting the tankers is being considered. See more at ertflix.gr | Listen to more at ertecho.gr The Strait of Hormuz has become one of the most dang…
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