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US Energy Chief: Iran Nuclear Deal Uncertain, Hormuz Oil Flow at 9M bpd
Anadolu Agency EN·US · IR·2 days ago
Rising tensions in the Strait of Ormuz are pushing up LNG prices as Europe and Asia compete for winter supply. Elevated gas costs threaten to erode margins for French chemical, fertilizer, glass, and metallurgy sectors, though prices remain below 2022 peaks. The situation is developing as geopolitical risk in the strait persists.
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