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TechFlow news: On March 2, according to JIN10 Data, JPMorgan stated that even a 3- to 4-week disruption of traffic through the Strait of Hormuz could force Gulf Cooperation Council (GCC) member states to shut down oil production and push Brent crude oil prices above $100 per barrel.
According to JIN10 Data, JPMorgan stated that even a 3- to 4-week disruption of shipping through the Strait of Hormuz could force Gulf Cooperation Council (GCC) member states to shut down oil production and push Brent crude oil prices above $100 per barrel.
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