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Breaking Posted 1 hour ago

Iran escalates threats as Hormuz shipping routes face disruption risk

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Iran vows continued military action until US concessions as vessels sink in the Strait of Hormuz. Markets have priced geopolitical escalation as structural risk; energy traders monitor Hormuz chokepoint for supply disruption, affecting CAD through crude and EUR through energy costs. Focus remains on Eurozone debt stress and Fed inflation path.
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