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Breaking Posted 1 hour ago

Explosions reported in Strait of Hormuz; tankers hit mines

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Heavy explosions struck the southern Strait of Hormuz after tankers hit mines, according to Iranian military sources. Energy supply disruption to a critical chokepoint affects crude prices and CAD/USD; EUR vulnerable through energy-cost pass-through. Markets have priced in recurring geopolitical escalation; structural rather than decision-moving.
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