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Tensions in the Strait of Hormuz threaten global energy stability
Trucks waiting at the Mobil Oil Yarraville Terminal (AAP)
The International Energy Agency warns the world is heading into a major energy crisis as conflict between the United States and Iran disrupts oil flow through the Strait of Hormuz. Fuel shortages and soaring prices are spreading globally, and emergency reserves may not be enough. While countries push to reopen the route, uncertainty and geopolitical tensions keep markets on edge. How is this ongoing crisis impacting countries worldwide, let's hear.
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