Saudi Oil Sales to China to Halve as Hormuz Crisis Lifts Prices


The war in the Middle East, now in its second month, shows no signs of easing, after talks between the US and Iran in Pakistan failed to yield an agreement over the weekend. In an escalation, President Donald Trump threatened to blockade the Strait of Hormuz, preventing all maritime traffic from entering and exiting Iranian ports from 10 a.m. Washington time on Monday.



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