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US Launches New Round of Iran Strikes as Strait Tensions Grow
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain
The US launched a new wave of strikes against Iranian targets near the Strait of Hormuz, escalating a sustained back-and-forth of military activity. With neither side backing down over a critical chokepoint, the risk of disruption to oil flows and regional logistics is elevated, which is likely to pressure energy prices and sentiment across markets.
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