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Gulf oil producers rush to bypass Strait of Hormuz as Trump's toll threat looms
Gulf oil producers are increasingly turning to alternative shipping routes to keep crude moving as disruptions highlight the dangers of over-reliance on the Strait of Hormuz. Threats from the Trump administration to impose tolls on the strait have accelerated efforts to find bypass routes. Shipping disruptions have exposed just how vulnerable global oil supply chains are to events at the narrow chokepoint.
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