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US Attacks Prompt Iranian Retaliation as Fighting Intensifies

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesSanctions & Export ControlsTrade Policy & Supply Chain

Fighting in the Strait of Hormuz escalated as Iran accused U.S. forces of bombing a residential area amid overnight strikes. The development raises near-term risks to global oil/shipping flows, likely increasing volatility in energy markets and broader trade supply chains.

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