strait of hormuz tensions
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US President Donald Trump announced on Wednesday, 08 July 2026, that the fragile truce with Iran had collapsed, following a surge in hostilities centered on the Strait of Hormuz. Speaking at a NATO summit in Turkey, T...
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Oil could move toward $150 within weeks if the Strait of Hormuz remains restricted and US-Iran tensions deepen, with some analysts warning that a prolonged supply shock may even bring the $200 level into view. Brent crude has already moved above $..
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