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The Nexus
SECURITYJul 7 · 11:01 UTCSEMAFORJeronimo Gonzalez

Iran strikes two tankers in Strait of Hormuz

Iran struck two tankers in the Strait of Hormuz, testing a ceasefire that has reduced oil prices. Gulf countries, including Saudi Arabia, have increased oil shipments, but experts doubt the strait's oil flow will fully recover. China's demand and green energy transition are critical factors affecting future crude prices.

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