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indiatoday.intoday.inA blockade of the Strait of Hormuz is underway, leading to divergent economic impacts for oil exporters in the Persian Gulf. Saudi Arabia and Oman are positioned for gains from elevated oil prices, while the UAE faces reduced petrodollar income. The development highlights regiona…
Substrate placeholder — needs reviewRio Tinto and Century Aluminum raised premiums on a key semi-processed aluminum product in the US by about 12% in recent weeks. The increase followed disruptions to imports from the Middle East due to the Iran war, according to sources. This affects the supply chain for aluminum…