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Oil prices spike following direct U.S.-Iran kinetic exchange in Strait of Hormuz
OilPrice.com·US · IR · JO·about 6 hours ago
US military forces conducted strikes against Iranian positions in the Strait of Hormuz, triggering a retaliatory response and a subsequent spike in global oil prices. The extent of the damage and the nature of the Iranian counter-response remain unclear, marking a significant escalation in regional maritime tensions.
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