Energy: OPEC reports a slowdown in demand growth for the year, attributing it to a more than 30% drop in production due to the closure of the Hormuz Strait.
🚨 Global demand is hitting roadblocks as Iran’s blockade of the Strait of Hormuz has dramatically restricted supply from the Persian Gulf. This situation could have major implications for markets worldwide! 🌍💔 #OilSupply #GlobalEconomy #StraitOfHormuz
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