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China Urges US-Iran Talks, Calls for Reopening Strait of Hormuz
Valor Econômico·CN · US · IR·16 minutes ago
Analysis warns that a closure or major disruption of the Strait of Hormuz could drive oil prices to $150 per barrel, framing the strait as a 'new Hormuz' risk. It also suggests China could evolve into a 'new OPEC' by controlling demand. The piece is speculative and forward-looking, with no confirmed events, but highlights tail risks in energy markets.
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