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Apr 18, 2026

Iran's closure of the Strait of Hormuz sparks 'tremendous interest' in alternate routes

The closure of the Strait of Hormuz during the U.S.-Israel war with Iran has served as wake-up call that a significant source of the world's oil supply remains dependent on the accessibility of this narrow passageway. But, analysts say, it may now force some serious consideration of oil export alternatives.

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