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Strait of Hormuz
Oil prices surge 4% as U.S.-Iran conflict escalates in Strait of Hormuz
Oil prices surged as military clashes between the U.S. and Iran raised fears of supply disruptions in the Strait of Hormuz, affecting global energy markets.
Iran launches missiles and drones at Gulf states following US airstrikes
Iranian forces launched a wave of retaliatory strikes across the Gulf following U.S. military operations, further destabilizing the critical Strait of Hormuz.