A prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, according to a Wood Mackenzie report. For the full story, visit the source.
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Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report
A prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, according to a Wood Mackenzie report.
By ANI· The Times of India· 6 days ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India