Fujairah port
2 stories
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worldIran Seals Strait of Hormuz, Global Oil Supply Chain at Risk
Iran's closure of the Strait of Hormuz blocks 20% of global crude transit, spurring Gulf states to fast-track alternative export routes.
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worldOil Plummets Amid Gulf Attacks and Geopolitical Tensions
Brent crude drops to $102.22 as attacks on UAE's Fujairah port and Strait of Hormuz closure disrupt global supply. Trump pushes for open passage.