Oil flows through Strait of Hormuz drop sharply

Flows of crude oil and petroleum fuels through the Strait of Hormuz fell by nearly 6 million barrels per day in the first quarter of 2026, marking the beginning of a major disruption that has tightened global supply and pushed energy prices higher, AzerNEWS reports. According to data released by the U.S. Energy Information Administration (EIA), about...

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