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Quartz·1 min read·medium

Things are getting worse in the Strait of Hormuz — again

Colleen Cabili
AI Summary

New attacks in the Strait of Hormuz have disrupted shipping, marking the highest frequency of incidents since a recent U.S.-Iran interim deal. These security concerns have caused global oil prices to rise by over 3%.

New attacks, the largest number of such incidents since a U.S.-Iran interim deal took effect, pushed oil prices up more than 3%

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