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Decades of shadow operations have crystallized into overt warfare as U.S. and Israeli forces strike Iranian territory directly for the first time.
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IEA warns a prolonged closure could depress growth, spur inflation, and force fuel rationing across vulnerable economies.
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The Strait of Hormuz's volatility threatens everything from oil prices to European stocks and cryptocurrency markets.
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The IEA calls it the largest energy-security threat on record as naval mines and seizures choke global oil flows.
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The closure of this critical maritime artery threatens to disrupt 20% of global oil supply, with immediate consequences for energy markets worldwide.
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U.S. capture of Iranian vessel Touska sent crude prices soaring 6.4%, revealing how fragile maritime security impacts everyone's energy costs.
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Underwriters' retreat now poses greater threat than naval action, forcing global shipping to reroute around the vital oil artery.
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The contested Strait of Hormuz handles 20% of global oil, with thousands of ships now stranded and markets on edge.
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The fragile ceasefire's collapse would disrupt global oil flows, spike energy costs, and force nations to build financial shields against volatility.
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India's energy imports face disruption while fertilizer and food supply chains hang in the balance as shipping costs skyrocket.
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Strikes on sovereign territory, naval engagements in the Indian Ocean, and contested shipping lanes signal a dangerous escalation with global reach.
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Attacks on Qatar's LNG and Iran's oil facilities demonstrate how regional conflicts now directly impact worldwide markets and stability.
