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The failure of negotiations at the weekend has raised concerns that the global energy crisis will deepen.
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UK minesweepers and anti-drone capabilities will continue operating in the region, as pressure ramps up to reopen the key shipping route.
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The failed peace talks left investors on edge with little visibility on how the blockade will be implemented, and how long and deep an oil shock needs to be priced in.
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The goal of the naval operation ordered by ordered by President Trump is to deny Iran the revenues it needs to fund its military, but there are many unknowns.
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