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High officers from the Group of 7 nations on Tuesday asked the Worldwide Vitality Company to replace its data on world oil stockpiles as they weigh whether or not to faucet emergency reserves amid the turmoil in power markets caused by the warfare with Iran. President Donald Trump warned Iran that any try to block oil shipments would set off a harsher response, prompting Tehran to declare its forces had been “waiting” for U.S. naval vessels. Whereas it’s too early to know how long the turmoil will last, analysts say the long‑term fallout might speed up a world shift towards renewable power, which is less weak to geopolitical disruption.

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