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US coal producers squeezed as Iran crisis lifts demand and costs

Soaring expense of production and transport hampers effort to boost exports

US coal miners are gearing up to boost exports as the Iran crisis rattles energy markets, but soaring production and transport costs are complicating their ability to ship more tonnes.

The blockage in the Strait of Hormuz has boosted demand for coal in European and Asian markets, which are increasing their use of coal-fired power plants.

US coal producers see the crisis as an opportunity to boost sales and push into international markets but rising fuel costs are complicating their efforts.

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