Breaking
Posted 3 hours ago
Iran Claims Strait of Hormuz Closure; Oil Supply Risk Emerges
Iran's Brigadier General Heydari claimed the Strait of Hormuz is closed and will remain so pending orders from Iran's revolutionary leader. Oil supply disruption risk elevates CAD and energy-linked currencies; USD positioning depends on Fed response to crude inflation. Markets have priced geopolitical escalation as structural; concrete blockade action would breach that assumption.
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