High Oil Prices Could Persist Long After Strait of Hormuz Reopens,...

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2026-03-30 03:00:10

High Oil Prices Could Persist Long After Strait of Hormuz Reopens, Industry Insider Says

A pump jack and drilling rig south of Midland, Texas, on June 11, 2025. Eli Hartman/ReutersWith the Strait of Hormuzthe primary gateway for Middle East oil exportseffectively shut down by Iran,

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