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The World in Brief from The Economist
Record release of oil reserves; Trump claims war will end “soon”, and more
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Brent crude, the global oil benchmark, rose to over $90 a barrel, despite the International Energy Agency announcing that it would release 400m barrels of oil from its reserves; The Islamic Revolutionary Guard Corps, the regime’s security forces, who declared Hormuz closed, warned countries to “get ready for oil to be $200 a barrel”.
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