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The war in the Middle East has largely paralysed the Gulf region's crucial oil industry, which has been hit by attacks and an export blockade. The war has forced companies to dramatically slow or even halt production -- and restarting it will not be easy, even when the war is over. - What has been targeted? - Since the war started with US-Israeli strikes on Iran on February 28, at least 33 strikes or attempted strikes have targeted energy infrastructure in the Middle East, according to an AFP tally.
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The Strait of Hormuz: A Timeline of Tensions History.com
Turkish-owned ship allowed to pass through Strait of Hormuz The New Arab
By Renee Maltezou and Jonathan Saul ATHENS, March 13 (Reuters) - A handful of Greek shipowners have sent crude oil and dry bulk tankers through the Strait of Hormuz during the U.S.-Israeli war on Iran, risking destruction from mines, missiles and drones for a chance at millions of dollars in quick profits. The voyages reflect the financial allure of soaring crude oil prices and surging tanker rates since the start of the war, which has effectively sealed off a fifth of the world’s oil and liquefied natural gas supply from global markets.
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Exclusive: Iran allows two gas tankers to sail to India through Hormuz, sources say Reuters
European countries ought to have discussions on whether private actors should help defend critical infrastructure, a researcher told AFP, noting that Iran's use of cheap long-range drones has illustrated shortcomings of air defence systems. Fabian Hoffmann, a doctoral research fellow at the University of Oslo, told AFP that especially in places like northern Europe with its wide expanses, protecting critical infrastructure like oil platforms and data centres in remote places could be challenging.
Iran's All-or-Nothing Game in the Strait of Hormuz Crude Oil Prices Today | OilPrice.com
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Stocks bounce as oil eases slightly, but S&P 500 heads for third-straight losing week: Live updates CNBC
Oil prices dip as Indian tanker passes through Strait of Hormuz Yahoo Finance UK
Strait Of Hormuz: Buy The Fear Before This Waterway Clears (NYSEARCA:SPY) Seeking Alpha
The effective closure of the Strait of Hormuz and the targeting of oil production facilities in the Middle East have lifted the oil price by 34 per cent
Strait of Hormuz transiting ships flash ‘China owner’ signals to evade blockade South China Morning Post
Türkiye Gains Approval for Ship Passage Through Strait of Hormuz Caspian Post
Conflict in the Strait of Hormuz is spilling into the Indian Ocean Chatham House
By Napat Wesshasartar and Artorn Pookasook BAN SAI, Thailand, March 13 (Reuters) - Thousands of miles from the Middle East in Thailand's rural northeast, Sommai Butdee waits for news of her nephew, one of three crew members missing from the Thai-flagged vessel after it was struck with two projectiles earlier this week as it travelled through the Strait of Hormuz.
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In an oil-producing country where 60 percent of people are under 25, nearly half the population lives in poverty.