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A Very Dangerous Gamble
Episode 759
Published 7 months, 4 weeks ago
Description
Markets start the week under a long shadow. Airlines are cutting routes as key air corridors over the Middle East shut down. Tankers are being rerouted away from one of the world's most important oil chokepoints. Oil and gas facilities in the region have halted production. Crude prices have jumped sharply. In a worst-case scenario, some analysts warn, prices could vault past $100 if flows through Hormuz are seriously disrupted.
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