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The Nexus
BUSINESSApr 12 · 22:01 UTCBLOOMBERGSarah Chen

Oil Advances as US Blockade of Hormuz Escalates Energy Crisis

The article highlights the escalating energy crisis caused by the US blockade of the Strait of Hormuz, leading to severe supply disruptions and surging crude oil prices. The situation worsens as the Iran war continues, disrupting global oil markets and impacting refineries like Valero Houston Refinery.

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