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Iran Squeezing Saudi Oil on East and West, Schork Says
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarCommodities & Raw MaterialsInfrastructure & Defense
Stephen Schork warned that Iran has expanded its control over Middle East oil flows, raising risks to global crude supply and energy prices. He also said the US Strategic Petroleum Reserve could be drawn down to operational limits by November, reducing the government’s capacity to cushion a supply disruption.
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