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Sanjoy PaulThe Conversation |
With the Iran war continuing to escalate, the world is grappling with the closure of the busy sea traffic lane, the Strait of Hormuz. You may feel...
The ban marks a departure from Australia’s traditional approach of preserving competitive processes rather than regulating prices directly.
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in Australia.