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The impact of global oil prices if the

The impact of global oil prices if the “Strait of Hormuz” remains closed.

Posted By: Caroleon: March 31, 2026In: ECONOMYNo Comments

The threat to “obliterate” Iran’s energy infrastructure, specifically Kharg Island and its oil wells, has sent shockwaves through the global energy market. As of March 30, 2026, the situation has already pushed prices to multi-year highs, and a fulfillment of this threat could lead to a historic price shock. 1. Immediate Market Reaction Oil prices […] Read more

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