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Gulf attacks raise fears over fragile global energy trade
Original: Burst of Attacks in Gulf Heightens Fears Over Fragile Energy Trade
A burst of attacks in the Gulf region has heightened fears about the fragility of the world's energy trade, according to reporting by The New York Times. The Gulf is a critical artery for global oil and gas shipments, and renewed violence there raises concerns about shipping security, insurance costs and potential price shocks for consumers worldwide.
Why now: Fresh attacks near a key oil-shipping region have reignited worries about disruptions to global energy supplies.
The New York TimesPersian Gulf
Evidence
- Burst of Attacks in Gulf Heightens Fears Over Fragile Energy Trade · The New York Times
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