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Oil Markets On The Brink: Why Today’s Calm May Be Hiding A Historic Supply Shock

Black metal barrels marked with the yellow word OIL on a background of figures. Illustration of the concept of fluctuation of crude oil prices

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Global energy markets appear relatively calm on the surface, but that calm may be misleading. Despite the ongoing closure of the Strait of Hormuz, which has reportedly curtailed an estimated 15 to 17 million barrels per day

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