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"This Will Bring Down Global Economy": Qatar's Energy Minister Offers Dire Warning About Hormuz Chokepoint Chaos
"This Will Bring Down Global Economy": Qatar's Energy Minister Offers Dire Warning About Hormuz Chokepoint Chaos
Brent crude futures are on track for their biggest weekly gain since the early days of Covid, with the move now exceeding the 20% weekly spike at the start of the Russia-Ukraine war, as the U.S.-Israeli air campaign against Iran, Operation Epic Fury, has tipped the Gulf into an energy crisis, freezing commercial traffic through the Strait of Hormuz and pushing some regional oil and gas production offline.
On Friday, Qatar's energy minister, Saad al-Kaabi,...
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