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Iran Halts Petrochemical Exports as US-Israel Conflict Disrupts Strait of Hormuz ShippingCnbc
finance1 hr ago

Iran Halts Petrochemical Exports as US-Israel Conflict Disrupts Strait of Hormuz Shipping

Iran has halted all petrochemical exports until further notice, as the war with the US and Israel enters its seventh week. Energy prices have risen sharply, and traffic through the Strait of Hormuz has declined. UK Chancellor Rachel Reeves called for de-escalation and stated the…

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