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Market Impact: 0.84

US Hits Several Iran Oil Tankers in Response to Warship Attack

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsTransportation & Logistics

US attacks on additional Iranian oil tankers escalated tensions around control of the Strait of Hormuz, a critical global oil-shipping chokepoint. Brent crude surged above $100 per barrel, signaling heightened supply-disruption risk and likely inflationary pressure across energy-importing economies.

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