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Breaking Posted 7 hours ago

Saudi tanker damaged in Hormuz Strait amid rising tensions

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A Saudi-flagged crude oil tanker sustained damage while transiting the Strait of Hormuz, marking the latest incident in the strategically critical waterway. Risk to oil supply disruption pressures USD/JPY and risk-sensitive pairs; geopolitical uncertainty typically strengthens safe-haven yen and Swiss franc while weighing on commodity-linked currencies.
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2 hours ago

Oil rises to $73 as tanker strikes near Hormuz escalate

Fresh attacks on shipping vessels near the Strait of Hormuz pushed Brent crude to $73/barrel, with an LNG carrier hit by projectile fire. Supply disruption risks elevate commodity-linked currencies. USD/CAD and AUD/USD face downward pressure; JPY strengthens as risk-off asset.

https://www.bloomberg.com/news/videos/2026-07-07/oil-climbs-as-fresh-tanker-strike-highlights-risks-video
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@asuquokelvin · 6 hours ago

Oil doesn't have to stop flowing to move markets. Sometimes the fear of disruption is enough to send traders running for safety

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