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geopoliticsbullishWTIPublished Jul 13, 2026, 6:30 AM

US-Iran Strikes Escalate Over Strait of Hormuz

US-Iran Strikes Escalate Over Strait of Hormuz
US and Iran exchanged fresh airstrikes and disputed control of the Strait of Hormuz, with Iran claiming closure and the US denying it while escorting ships; oil prices jumped over 4% on threats to global energy shipments.

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