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Trumpโ€™s Latest Oil Blockade Brings Bigger Economic Risks

By: Rebecca F. Elliott โ€”
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.

A strike on the Bapco oil refinery in Bahrain in early March. A U.S. blockade of the Strait of Hormuz may give Iran a reason to restart attacks on energy assets throughout the Persian Gulf.

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