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World Bank assesses economic impact of six-month Strait of Hormuz closure
Dagens IndustriLO·IR · OM·1 day ago
Gulf Cooperation Council states are actively diversifying oil export infrastructure and re-evaluating regional security alignments to mitigate risks from the ongoing six-month Iran-Israel conflict. The shift reflects a strategic attempt to insulate regional economies from potential maritime blockades or direct escalation in the Persian Gulf.
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