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High Oil Prices Could Persist Long After Strait of Hormuz Reopens, Industry Insider Says
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High Oil Prices Could Persist Long After Strait of Hormuz Reopens, Industry Insider Says

A pump jack and drilling rig south of Midland, Texas, on June 11, 2025. Eli Hartman/ReutersWith the Strait of Hormuz—the primary gateway for Middle East oil exports—effectively shut down by Iran,…