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🇨🇾 Cyprus Mail

EN · 08 Oct, 11:22

Middle East oil producers battle for market share when Hormuz reopens

Indexed from Cyprus Mail · Crawly News

By Reuters News Service

Gulf oil producers are racing to regain lost market share as exports recover, but risks in the Strait of Hormuz are keeping prices high Middle East oil producers have launched a battle to recapture market share lost during the Iran war, setting current and former OPEC members on a collision course as traffic through…

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