HIGH RISK April 06, 2026

Iran-US Conflict Escalates: Strait of Hormuz Blockade Disrupts Global Energy Markets

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Iran has blockaded the Strait of Hormuz amid escalating conflict with the US and Israel, causing global oil supply disruptions and fuel shortages from Vietnam to Australia. Trump has issued an ultimatum to Iran to reopen the critical waterway while US forces conduct rescue operations on Iranian territory.

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