oil supply disruption
2 stories
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financeIran Attacks Oil Tankers, Shuts Key UAE Port, Disrupting Global Supply
Iran reportedly attacked two oil tankers, shutting the crucial Port of Fujairah and disrupting global oil supply routes, potentially affecting up to 6 million barrels daily.
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financeUS-Iran Tensions Threaten Global Oil Supply via Strait of Hormuz
The fragile US-Iran truce is at risk, potentially disrupting the Strait of Hormuz and driving WTI crude oil prices higher.