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Oil will continue to inch upwards as Iran crisis lengthens - Energy Analyst

Oil will continue to inch upwards as Iran crisis lengthens - Energy Analyst

Concerns are mounting as tensions unfold around the Strait of Hormuz, a critical shipping route through which roughly one-fifth of the world’s oil supply normally passes. Saul Kavonic, Head of Energy Research at MST Marquee, says the direction of oil prices will depend on how long any full disruption of flows through the strait continues.