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By Rodrigo Santos Andrade
Market Talk: Red Sea closure can be ‘significant’ oil shock
visibility comment0 event July 17, 2026 timer 12:15
Oil is on track for its biggest weekly gain since April as fears of a new Red Sea supply disruption add to global energy market uncertainty. Kpler’s Homayoun Falakshahi said while he sees major disruption as unlikely, the consequences would be significant.
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