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Breaking Posted 4 hours ago

Persian Gulf crude exports surge 210% from war lows; Hormuz secured

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Persian Gulf crude exports jumped to 14 million barrels per day last week—over 210% above March lows—as US military secured the Strait of Hormuz and established shipping corridors. Exports have recovered to 80% of pre-war levels. Energy supply disruption risk easing supports crude prices; CAD and energy-linked currencies benefit from lower geopolitical premium on oil.
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