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POLITICS
Ship transits through Hormuz Strait at lowest in over two months, shipping data shows
The number of ships transiting the Strait of Hormuz has fallen to the lowest in more than two months, new shipping data shows.
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ENERGY
Iran ‘backs moves to stabilize oil market’
Minister of Petroleum Bijan Zangeneh says an oil price of $55 a barrel is reasonable.
ENERGY
Iran slashes oil price amid Saudi surfeit
A new report says Tehran has cut its crude price amid Riyadh’s push to oversupply a saturated market.
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