Oil Industry
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Conflict of The Persian Gulf Can Be Harmful for Oil Industry
The potential for Iran attempting to shut the Strait of Hormuz to tanker visitors has elevated considerably in current weeks, as has the opportunity of a Persian Gulf War, particularly with the Islamic Republics’ destruction of a U.S. surveillance drone on June 20 carried out intentionally. This act offers weight to Tehran’s risk that it’s going to inflict a heavy…
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