Analysts say Iran unlikely to shut Strait of Hormuz, one of the world's most vital oil arteries

16 hours ago 1
 the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale shutoff of oil flows by closing the Strait of Hormuz is unlikely, perhaps even physically impossible.

Crude oil prices climbed 7%

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