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Fuel crisis demands more than subsidies

May 02, 2026 3 mins read
Fuel crisis demands more than subsidies

Recent developments in the Middle East crisis suggest that a return to normalcy is still far away. Even if the war ends and the Strait of Hormuz, through which roughly one-quarter of the world’s oil flows to markets, reopens, the discussion has already shifted toward a "new normal" in the global energy market.

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