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By Rodrigo Santos Andrade
Hormuz closure divides fortunes of Middle Eastern oil states
visibility comment0 event April 6, 2026 timer 14:15
Iran’s closure of the Strait of Hormuz has triggered a stark divide among Middle East oil producers, with Iran, Oman and Saudi Arabia reaping financial windfalls while neighboring states lacking alternate routes hemorrhage billions of dollars, a Reuters analysis shows.
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