Norway Oil Exports Hit Record High On Iran War

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Norway’s crude oil exports hit a record high in March as the war in Iran and closure of the crucial Strait of Hormuz shipping lane drove up oil prices, Statistics Norway said Wednesday.

A file photo of a vessel around the Strait of Hormuz

 

The Scandinavian country is the largest producer of oil and natural gas in Europe, excluding Russia.

Around a fifth of global crude oil and liquefied…

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