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Financial Times • Jun 16, 2025
Oil price falls back as flow of crude through Strait of Hormuz unaffected
Despite rising tensions between Israel and Iran, the uninterrupted crude shipments through the Strait of Hormuz have led to a decline in oil prices, reflecting market confidence in...
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Financial Times • Jun 15, 2025
Why Saudi Arabia raised oil output before Israel’s attack on Iran
Saudi Arabia increased its oil production ahead of regional tensions, influenced by internal cartel dynamics and external diplomatic pressures, which had notable impacts on global...
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