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Iran, US, Saudi Arabia, UAE, Qatar
Strait of Hormuz
May 20, 2026
Verified: May 20, 2026
"Three supertankers carrying 6 million barrels of oil passed through the Strait of Hormuz. The transit occurred following a route designated by Iran's new Gulf Strait Authority. Brent crude prices fell 6% to $104.65 as markets reacted to the potential for de-escalation."
Author: Daniel Yergin
This Pulitzer Prize-winning classic provides the definitive history of the global oil industry, explaining why the security of chokepoints like the Strait of Hormuz is fundamentally linked to global economic stability and geopolitical power dynamics.
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