Oil Soars to $85: How the Escalation of the US-Iran Conflict Hits Global Markets
Brent oil has surged above $85 amid the escalation of the conflict between the US and Iran. 🛢️⚔️ Investors fear a blockade of the Strait of Hormuz and the Red Sea, which threatens global supplies. Donald Trump has imposed a naval blockade on Iranian ports, while Tehran prepares retaliatory strikes. 📉🚢
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