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Around 14.2 million barrels of crude oil and 5.9 million barrels of other petroleum products pass through the strait per day.
About 20 million barrels of crude oil pass through the strait daily, according to the U.S. Energy Information Administration. Located between Iran and Oman, the waterway is one of the world’s most ...
Iran, which is OPEC’s third-largest crude producer, said on Monday that the U.S. attack on its nuclear sites expanded the ...