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The war in Iran created an oil problem in the Strait of Hormuz. It’s not the only price you’ll pay

What could get more expensive because of the war in Iran? Iran’s effective shutdown of the Strait of Hormuz has locked up 20% of the world’s oil. But there’s more to the story. Oil and gasoline have gotten all the headlines in recent weeks for good reason: Surging fuel costs have led to a price shock at the... [3912 chars]

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