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Representative image of the United States Strategic Petroleum Reserve and oil infrastructure as the Trump administration authorises a 172 million barrel SPR drawdown while 32 International Energy Agency nations coordinate the largest emergency oil release in history to stabilise global crude markets.

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Representative image showing an oil tanker under attack in the Strait of Hormuz as tensions involving Iran’s Islamic Revolutionary Guard Corps raise fears of a major supply disruption that analysts warn could push global oil prices toward $200 per barrel.

Iran: Get ready for $200 oil. IRGC fires on more ships in the Gulf

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Metals and Mining Industry News

MMP Industries wins order for aluminium foil from Hetero Healthcare

MMP Industries Limited said that it has bagged an order for its aluminium division from pharma manufacturing company…

byPallavi Madhiraju

August 3, 2021

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