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  1. ExxonMobil develops offshore oil reserves in Guyana, while global oil prices surge due to Strait of Hormuz closure.

Hormuz closure redirects shipping routes, benefiting Guyanese and Argentine oil sectors due to rising Brent prices.

1 report, 1 independent Updated Aug 15
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Hormuz closure redirects shipping routes, benefiting Guyanese and Argentine oil sectors due to rising Brent prices.

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