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conflictHIGH2026-04-20 12:29 UTC

The Strait of Hormuz is closed and oil prices are jumping

Things have escalated in the Gulf. The US Navy fired a missile at an Iranian tanker called 'Touska' and took control of it. Iran has now responded with drone attacks and officially shut down the Strait of Hormuz. ​This means a huge amount of the world's oil supply is now blocked. The markets are in

ORIGINAL SOURCE →via Reddit r/economy
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