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CNBC World NewsMay 09, 2026
The Iran war will change global energy markets in these important ways, oil executives say
Iran's blockade of the Strait of Hormuz has resulted in the loss of nearly a billion barrels of oil with the shortage growing worse every day.

CNBC World NewsMay 07, 2026
Oil prices fall below $100 as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks
Oil prices fell Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.
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