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Tag: Strait of Hormuz

Commercialization, Conventional Fuels

Oil prices will climb above $100 a barrel if Iran blocks the Strait of Hormuz, analysts predict

January 8, 2020

Via: CNBC energy

Oil prices would skyrocket if Iran moved to completely cut off the Strait of Hormuz, energy analysts told CNBC on Wednesday. Elevated geopolitical tensions have sparked fears of a widening conflict in the Middle East, with energy market participants increasingly […]