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Hormuz crisis puts Europe's oil market under further strain following post-ceasefire relief

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Following a ceasefire between the United States and Iran, Euronews reports that a renewed crisis in the Strait of Hormuz is driving oil prices higher once again. The disruption is straining Europe's energy market, with different countries experiencing varying impacts.

Source: http://www.euronews.com/my-europe/2026/07/27/hormuz-crisi...

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