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Event Brief

World Leaders Struggle to Lower Rising Oil Prices

Governments are attempting to address the oil crisis, but prices continue to soar amid disruptions in the Strait of Hormuz.
WHO: Avery Ash
WHAT: Discussing the challenges in lowering oil prices
WHEN: Mar 20, 2026 at 5:00 AM ET
WHERE: USA
WHY: The near-total halt of traffic through the Strait of Hormuz has disrupted oil markets.
Sources (1): NPR

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