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✓ Google TrendsPower & Policy
Iran keeps Strait of Hormuz blockaded despite Oman talks
Iran keeps its blockade of the Strait of Hormuz in place, despite talks with Oman. This waterway carries roughly one-fifth of the world's oil and gas.
Why it mattersA blockade lasting months disrupts oil markets and pushes fuel costs higher worldwide.
AustraliaAustralia imports energy and relies on open shipping lanes for fuel supplies and exports; extended blockade could lift local energy prices and disrupt trade.
✓ Claims checked against the source. checked 2 h ago
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