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Breaking Posted 2 hours ago

Iran Attacks Escalate; Tankers Push Through Hormuz for High Freight Rates

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Despite intensifying Iranian attacks, tanker traffic persists through the Strait of Hormuz as soaring freight rates offset geopolitical risk. Markets have priced in recurring Hormuz disruption as structural; crude volatility drives CAD repricing. Next: which other central banks adjust oil-cost inflation expectations after BOJ flagged pipeline pressure on yen.
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