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  • 6 hours ago
Taiwan is set to receive 2 million barrels of oil, expected to arrive in early May, after vessels passed through the Strait of Hormuz. The shipment will cover more than two weeks of the country's oil demand, based on daily consumption of about 150,000 barrels. Officials say it has roughly three months’ worth of oil reserves.

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00:00Two million barrels of oil are heading to Taiwan as vessels passed through the blockaded Strait of Hormuz over the
00:06weekend.
00:06The shipment is expected to arrive in Taiwan in early May.
00:10The country's economy minister said the supply should be enough for more than two weeks of demand.
00:15Taiwan consumes around 150,000 barrels of oil a day.
00:20Experts estimate Taiwan only has about three months of oil reserves.
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