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Oil flows through Strait of Hormuz rise on Saudi pivot as Red Sea traffic plunges

The National — Business thenationalnews.com

Summary

Oil flows through the Strait of Hormuz rose to their highest level this month since the Iran war began, as Saudi Arabia was forced to send more crude through the contested waterway after Houthi attacks restricted its Red Sea route. Saudi shipments through Hormuz jumped to 2.58 million barrels per…

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