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They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. At its narrowest point, the Strait is 21 miles wide, but the width of the shipping lane in either direction is only two miles, separated by a two-mile buffer zone. —US EIA. Source: EIA.
The electric automaker is idling its Berlin Gigafactory for a couple of weeks as it grapples with parts shortages from the Red Sea attacks. It plans to shutter the factory at the end of the month to give extra time for parts to show up. and others intervene.
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