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Saudi Arabia shuts key oil pipeline as Hormuz blockade escalates supply risk
Kronen ZeitungLO·SA · IR · YE·2 days ago
Austria denied a visa to Iran's nuclear chief, reportedly under US pressure, escalating tensions at the IAEA. Concurrently, new Middle East attacks are driving oil prices sharply higher, and talks on the Strait of Hormuz were postponed at short notice. This signals heightened geopolitical risk and potential supply disruptions.
Iran's nuclear agency head will not attend the IAEA General Conference in Vienna, marking a significant diplomatic absence. This is reportedly due to Austria denying a visa under US pressure, signaling heightened US pressure on Iran and potential deterioration in Iran-IAEA engagement. The specific visa or travel restrictions remain unconfirmed.