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Hormuz Closure Boosts Oil Prices, Shifts Market Sentiment
The persistent closure or tensions in the Strait of Hormuz have driven up oil prices, creating a windfall for Saudi Arabia. This situation has also led financial institutions to adjust their stance on risk assets.
1 May, 18:35 — 1 May, 18:35
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First report: bloomberg · 1 May, 13:48|Full coverage: 2 · 5h|Window: 5h
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