🚨 U.S.–Israeli war on Iran pushes oil markets into their biggest crisis in decades Oil supplies through the Strait of Hormuz — which handles nearly 20% of global crude exports — have been severely disrupted after U.S. and Israeli strikes and Iranian retaliation. As a result:
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🚨 U.S.–Israeli war on Iran pushes oil markets into their biggest crisis in decades Oil supplies through the Strait of Hormuz — which handles nearly 20% of global crude exports — have been severely disrupted after U.S. and Israeli strikes and Iranian retaliation. As a result: