Tag: Kevin OLeary Hormuz comments
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Energy Briefs: Hormuz Crisis, Oil Shifts Worldwide
March 26, 2026
Strait of Hormuz Remains Effectively Closed After President Donald Trump backed off his threat to “obliterate” Iran’s energy infrastructure if it refused to reopen the Strait of Hormuz, the vital shipping lane remains effectively closed to vessels not granted explicit permission by Tehran. The strait handles roughly 20% of global oil supply, making disruptions a …
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