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You are here : World News – Russian opinion» Economy» Prepare for $250 oil if Iran blocks key cargo route in Center East, analysts inform RT

Prepare for $250 oil if Iran blocks key cargo route in Center East, analysts inform RT

Posted By Russian Opinion. Under Economy  Tags: $250, Analysts, blocks, East, Iran, middle, ready, Route, shipment, tell  

Preview Tehran is threatening to dam the Strait of Hormuz, a vital artery for oil shipments from the Center East, if Iranian exports are hampered. It will end in an enormous lack of world crude provide and hovering costs.
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