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He told CNN that the disruption to the oil and gas industry would be short-lived — “at worst it will be a few weeks. It’s not months.”
Israel attacked oil depots in and around Tehran on Saturday, causing huge fires.
“These are Israeli strikes, these are local fuel depots,” Wright said.
The war has almost completely closed the Strait of Hormuz, which normally transports nearly 20% of the world’s crude oil and about 20% of its liquefied natural gas.
