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Iran fires on a third ship in Hormuz escalation, WSJ reports citing sources

The reported escalation in the Strait of Hormuz, with Iran firing on a third ship, marks a significant rise in tensions that could impact global oil supplies.

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Iran fires on a third ship in Hormuz escalation, WSJ reports citing sources

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Such incidents often lead to increased volatility in energy prices and safe-haven assets, with potential repercussions on forex markets as traders assess the risk of further escalations affecting the trade routes in this critical region.

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