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Blocked Suez Canal raises new threat to global supply chains

Crude prices gain as crucial world shipping choke point is cut off

A lone excavator works to dislodge the Ever Given container ship at the Suez Canal Wednesday. (Photo courtesy of Suez Canal Authority)   © Kyodo

CAIRO -- The fallout from one of the world's largest container ships getting stuck in the Suez Canal has disturbed commodity markets and threatened to damage an already distressed global supply chain.

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