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Global Economy Nears 'Red Zone' As Hormuz Crisis Drains Oil Buffers: IEA . The world could be heading towards a fresh energy ...
The next major rise in gas prices came in the 2000s, the result of swirling pressures from the U.S. invasions of Afghanistan ...
Iran's influence over the strategically vital Strait of Hormuz has inadvertently transformed the energy security debate.
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