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Gulf Imports Plummet Due to Hormuz Closure

Gulf Imports Plummet Due to Hormuz Closure

Published 2 days, 18 hours ago
Description

Gulf imports to the Netherlands crashed 55% in April after the Strait of Hormuz closure disrupted shipments—oil and fuel from Iraq, Saudi Arabia, and the UAE plummeted, triggering record-high petrol prices and forcing the Dutch government to activate its fuel crisis plan.

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