Oil tensions and global trade risks
Oil routes in the Gulf face new risks as tensions rise.
World Business Report · BBC World Service
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Show Notes
Global energy markets remain jittery after a drone strike at the UAE’s Port of Fujairah forced a temporary halt in oil loading, raising concerns about the vulnerability of key Gulf export routes even as the Strait of Hormuz stays mostly closed.
Meanwhile, the White House is seeking to assemble an international naval coalition to escort ships through the strait.
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