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Price Of Iran-U.S. War: Hormuz, Bab-al-Mandeb Put Global Oil Supplies At Risk | GRAVITAS
WION
September 12, 2026
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Escalating U.S.-Iran hostilities and simultaneous maritime threats at the Strait of Hormuz and Bab-al-Mandeb have pushed global oil prices past $100 per barrel. With crude transport through Hormuz severely disrupted, energy exporters relying on Saudi Arabia's Red Sea pipelines fa
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