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How tanker attacks on a skinny waterway could affect oil prices

The Strait of Hormuz, is sometimes described as the world’s most important oil choke point. It is a gateway for almost a third of all crude oil and other petroleum products carried by tanker. But it is also an increasingly dangerous place because of recent attacks on tankers, raising fears that the route is vulnerable to assaults that could threaten and destabilise oil prices. After the apparent attack on Thursday on two tankers just outside the strait, tanker operators were quick to voice concerns.

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