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Trump Rejects Iran Proposal on Hormuz as Houthis Target Riyadh
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain
President Donald Trump said he rejected an Iranian proposal to reopen the Strait of Hormuz, a critical global oil-shipping chokepoint. Separately, Yemen's Houthis attacked Saudi Arabia's capital, escalating regional conflict risks and raising the potential for disruption to energy supplies and maritime trade.
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