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US-Iran Retaliatory Strikes on Shipping Cut Hormuz Traffic, Oil Rises
IranWire·US · IR·3 days ago
Renewed military exchanges between US and Iranian forces in the Strait of Hormuz mark an escalation after a period of relative calm. The specific nature of the attacks is unconfirmed, but the location is critical for global oil transit. This raises the risk of supply disruption and broader regional conflict.
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