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Breaking Posted 54 min ago

Iran conflict threatens Strait of Hormuz, oil-gas volatility mounts

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US-Israel conflict with Iran risks prolonged closure of the Strait of Hormuz, a critical global energy chokepoint. Crude and natural gas volatility could surge, affecting CAD through oil sensitivity and EUR through energy costs. Energy markets priced in geopolitical risk; sustained supply disruption would reignite inflation concerns challenging Fed's rate trajectory.
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