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Iran's Oil Exports Surge
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Iran's oil exports hit a five-year high of 1.29 million barrels per day, with the majority going to China, preventing a significant price increase despite Middle Eastern conflicts. Despite threats from conflicts in the Middle East, oil prices fell on Monday.
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How could the fall in oil prices on Monday affect the energy market and related industries?
How might Iran's increased oil exports impact global oil dynamics and prices?
What strategies could Iran employ to sustain its high oil exports in the face of potential geopolitical tensions?
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