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Oil Markets Reel as Strait of Hormuz Closure Enters Second Month; Pentagon Weighs Ground Operations
2026-03-30
The global oil market is grappling with an unprecedented supply shock as the Strait of Hormuz remains closed to commercial shipping for the second consecutive month, following the outbreak of hostilities between the United States, Israel, and Iran on February 28. With diplomatic talks still fragile and a U.S. groundContinue Reading