Trump’s War on Iran Has Broken the Oil Market - CleanTechnica

Source: CleanTechnica

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DW NOTE

The Strait of Hormuz has been effectively closed since late October — four ships transiting versus the usual eighty-five per day — and oil is $103, not $200. Either the market has decided this blockade doesn't matter, or it's pricing in a reopening that hasn't happened yet. One of those assumptions will prove expensive.

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