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Market Impact: 0.75
Report: US Hits Targets Near Kharg, Oil Jumps, More
Source: Bloomberg
Geopolitics & WarEnergy Markets & Prices
Reports said the US military struck targets near Iran's Kharg Island, a critical oil-export hub, prompting oil prices to rise. The incident raises the risk of disruption to Iranian crude exports and broader shipping or energy flows through the Persian Gulf, creating a potentially material geopolitical shock for global energy markets.
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