Oil Hits Records: How Escalation in the Strait of Hormuz and US Strikes on Iran Skyrocketed Fuel Prices
Oil prices surged to a one-month high amid US strikes on Iran and threats to close the Strait of Hormuz 🛢️🚢. Investors fear supply disruptions, but inflation may curb further price rises. Trump abandoned tariffs for vessel passage, betting on new agreements 🇺🇸🤝🌍
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