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Conflict Reduces Crude Oil Flows Through Hormuz, Elevating Prices and Tensions

The ongoing conflict has significantly decreased crude oil flows through the Strait of Hormuz from 9.4 million to 5.5 million barrels per day, raising concerns over global energy supplies. Despite U.S. military pressure, Iran remains defiant, sustaining high oil prices and geopolitical instability.
Date: 16.07.2026  |  Source: FOR-EX.NEWS

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