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Iran to Establish Restricted Zone Near Strait of Hormuz Amid US Tensions
El FinancieroLO·IR · US·about 8 hours ago
Iran has restricted traffic through the Strait of Hormuz, a chokepoint for global oil and gas, amid an ongoing war with the U.S. Tehran warns energy companies are 'exposed' and promises retaliation for U.S. attacks. The move escalates supply-side risk to global energy markets, though the extent of the restriction and its impact on shipping remain uncertain.