Iran warned against US attacks while former President Trump issued an ultimatum over the Strait of Hormuz on Mar 22, 2026, escalating Gulf tensions. Disruption risks to the Strait—which handles roughly 20% of seaborne crude—could push oil prices higher and trigger risk-off flows and volatility across regional assets and global markets.
Iran warned against US attacks while former President Trump issued an ultimatum over the Strait of Hormuz on Mar 22, 2026, escalating Gulf tensions. Disruption risks to the Strait—which handles roughly 20% of seaborne crude—could push oil prices higher and trigger risk-off flows and volatility across regional assets and global markets.
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