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geopoliticsbullishWTIPublished Jun 6, 2026, 4:00 PM

Iran blockades Strait of Hormuz amid ongoing US-Israel conflict

Iran blockades Strait of Hormuz amid ongoing US-Israel conflict
Iran has blockaded the Strait of Hormuz after US and Israeli attacks killed Supreme Leader Ayatollah Ali Khamenei in February, with the war nearing its 100-day mark and talks showing little progress as of June 5. Oil prices remain elevated due to supply concerns affecting one-fifth of global crude flows.

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