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US military hits 3 Iranian oil tankers after saying Navy warships were targeted with missiles
Source: The Globe and Mail
Geopolitics & WarEnergy Markets & PricesSanctions & Export Controls
The U.S. military said it struck three Iranian oil tankers after Navy warships were targeted with missiles, warning it could “if necessary, destroy Iran’s limited and exposed oil fleet.” The escalation raises immediate risks to Iran-related oil supply and heightens geopolitical risk that can feed into energy prices and shipping/insurance costs.
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