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Kuwait Shuts Production, Qatar Warns Oil Could Hit $150 in Weeks

ports_congestion UTC: 2026-03-06 14:43:47

Oil prices could soar to as much as $150 per barrel within two to three weeks if the critical Strait of Hormuz remains off limits for tankers, Qatar’s Energy Minister Saad al-Kaabi told the Financial Times in an interview published on Friday. That proclamation came just a few ...

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