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Trump Says Iran Strikes to Be Short, Asserts Hormuz Control
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesSanctions & Export Controls
Renewed Iran-related attacks are described by Trump as likely short-lived, but fresh fighting has already spiked energy prices and reignited concerns of an open-ended conflict. The statement hinges on the claim that the US effectively controls the Strait of Hormuz, a key chokepoint for oil flows, which could affect risk premia across crude and related energy markets.
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