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Breaking Posted 7 hours ago

Hormuz Strait Traffic Falls Amid Fresh Ship Attack Concerns

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Commercial traffic through the Strait of Hormuz declined this weekend following attacks on two vessels, raising concerns about shipowner willingness to traverse the waterway. USD/CNY and energy-linked pairs like USD/CAD face pressure as geopolitical risk premiums in oil markets tighten shipping costs and regional currency volatility.
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7 hours ago

Brent Crude Rises 1.18% on U.S.-Iran Escalation

Brent crude climbed to $72.84 following a U.S.-Iran flare-up over the weekend, shaking market complacency. Analysts warn markets underestimate geopolitical risk while overpricing peace deals and Hormuz strait reopening. Oil strength typically boosts commodity-linked currencies including CAD, NOK, and RUB, affecting risk sentiment across majors.

https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Climb-as-US-Iran-Flare-Up-Shakes-Market-Complacency.html
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@asuquokelvin · 5 hours ago

Ships started ghosting Hormuz. Even oil is wondering if it's safer to work from home now.

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