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Strait Of Hormuz: Oil to cross $200 per barrel? Report flags worst-case Hormuz scenario that Iran warned of

Global crude oil prices could surge to as high as $200 per barrel in a worst-case scenario if the Strait of Hormuz remains closed through the end of 2026, according to a report.As per a report by Wood Mackenzie, a prolonged disruption in the strategic waterway could trigger a severe global energy and economic crisis.The…

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