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Trump’s new Iran blockade threatens tighter oil supply

NYT Business says the blockade comes after a prior April disruption that reduced exports and left global reserves lower, raising shipping risk.

Reported · Written up by our desk · Energy

The New York Times Business reports that Trump’s new Iran blockade could tighten global oil supply as international stocks of crude are already lower than they were before the earlier April episode.

According to the outlet, the first blockade in April cut off Iranian exports but did not create a sustained jump in prices, though it still left market conditions more vulnerable.

With the latest restrictions in place, the outlet says ships face heightened risks, a factor that can further complicate oil flows even if price impacts do not immediately show up as a prolonged surge.

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