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9.1
China Leverages Iranian Oil Dominance Ahead of Trump-Xi Summit
OilPrice.com·CN · US · IR·2 days ago
A U.S. maritime blockade has effectively halted Iranian crude exports through the Strait of Hormuz, with dozens of laden tankers piling up in the Gulf and empty tanker movements disrupted. This pressures Iran's storage and production capacity, potentially tightening global oil supply. The blockade's enforcement scope and duration remain uncertain, but the immediate impact on oil flows is clear.
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