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Breaking Posted 3 hours ago

Iran Reports Blasts at Sirik Port Linked to Hormuz Warning Shots

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Iranian state broadcaster Irib reports explosions at Sirik port connected to warning shots fired in the Strait of Hormuz, according to local officials. The incident raises geopolitical tensions in the critical oil shipping route. The news could impact oil-sensitive currencies and safe havens as the Strait of Hormuz handles about 20% of global oil transit. USD/JPY, USD/CHF may see volatility alongside commodity currencies.
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