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Strait of Hormuz shipping nearly halts as US-Iran attacks escalate
NOS·US · IR·about 20 hours ago
Oil prices are rising sharply due to escalating US-Iran conflict and Strait of Hormuz tensions, with analysts predicting Brent could exceed $100/barrel this week. This is already pushing Polish fuel prices toward record levels (PB95 near 8 PLN/L, diesel near 9 PLN/L). The key uncertainty is whether the Strait of Hormuz will be disrupted, which would have global supply implications.
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