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Another vessel carrying crude oil crossed the vital shipping lane on Saturday

Washington announces ‘self-defence’ operation against targets in southern Iran

Leo’s first encyclical, “Magnifica Humanitas,” was very consciously signed on the 135th anniversary of “Rerum Novarum,” on the first Industrial Revolution.

Global crude benchmark Brent fell as much as 5.2% to $98.12 a barrel, while West Texas Intermediate was near $92.

As the Strait of Hormuz crisis grips the global economy, nations are vying to secure other vulnerable waterways