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Energy Markets Under Strain As Strait Of Hormuz Disruption Cripples Global Supply
by Stefan J. Bos, Worthy News Chief International CorrespondentLONDON/DOHA/WASHINGTON/BEIJING (Worthy News) – Oil and natural gas prices jumped sharply Tuesday as global energy markets came under mounting strain after shipping through the strategic Strait of Hormuz stalled amid the ongoing U.S.–Israel conflict with Iran.The narrow waterway between Iran and Oman — through which roughly 20 percent of the world’s oil and liquefied natural gas (LNG) supplies normally transit — has seen maritim