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Representative image of gold bars and tanker traffic in the Strait of Hormuz, illustrating why gold prices climbed to a one-month high even as the waterway was declared completely open.

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Energy Industry News

Aramco secures $11bn Jafurah midstream deal with GIP-led consortium

Aramco secures $11B Jafurah midstream deal with GIP-led investors, boosting Saudi gas expansion, Vision 2030, and global investor appeal.

byPallavi Madhiraju

August 18, 2025

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