Iran’s Hormuz blockade threatens oil supply, IEA warns of market underestimation

Iran’s Hormuz blockade threatens oil supply, IEA warns of market underestimation
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IEA chief Fatih Birol says markets are underestimating the Strait of Hormuz closure’s impact. Crude oil hitting $90 by June 30 is at 75% YES. Birol’s warning comes as Iran’s blockade of the Strait… [+1104 chars]

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