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Market Impact: 0.7
US Strikes Targets in Iran Around Strait of Hormuz
Source: youtube.com
Geopolitics & WarEnergy Markets & PricesCommodities & Raw Materials

The US launched strikes against Iranian targets near the Strait of Hormuz after Iran attacked commercial shipping and US forces in the region. Oil prices are spiking on the escalation risk, raising near-term energy price volatility. For portfolios, this is a risk-off catalyst that can quickly feed into inflation expectations and broad market discount rates.
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