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Northeast Braces for More Storms, Iran Holds Firm on Hormuz
Source: Bloomberg
Natural Disasters & WeatherGeopolitics & WarEnergy Markets & PricesTransportation & Logistics
Bloomberg News reports that the US Northeast is preparing for additional storms while Iran remains firm on the Strait of Hormuz. The combination raises risks of weather-related disruption in the Northeast and potential threats to a critical global oil-shipping route, which could support energy-price volatility and impair transportation flows.
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