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Articles tagged US strikes in World News
US Strikes Spark Oil Price Surge
Crude oil prices surged after additional US strikes on Iran, with Brent and WTI futures both reaching new highs. The strikes triggered a spike of up to 3%, affecting global markets and raising concerns about regional stability.
Iran's Closure of Strait of Hormuz Sparks Global Concerns Over Oil Supply
Iran has completely shut down the Strait of Hormuz in response to US strikes, escalating tensions in the Gulf and posing significant risks to global oil supplies. This move could trigger a global energy shock, affecting trade, inflation, and economic growth worldwide.