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Breaking Posted 3 hours ago

Explosions Heard Near Iran's Strait of Hormuz Maritime Area

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Blasts were reported in Iran's Sirik and Qeshm island areas, likely originating from clashes in the nearby Strait of Hormuz according to Mehr News. No land-based explosions were detected in the incidents. The Strait of Hormuz is a critical oil shipping route, and any military activity could boost safe-haven demand for USD and JPY while pressuring oil-linked currencies like CAD and NOK.
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