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Trump announces naval blockade of Strait of Hormuz as oil prices spike and crypto markets brace for impact
Trump reimposes naval blockade on Strait of Hormuz, sending Brent crude past $85. Here's what it means for oil prices, inflation, and crypto markets.
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cryptobriefing.com
Trump ends Iran peace deal, Strait of Hormuz blockade raises oil prices
Trump ends Iran peace deal, raising oil prices. Strait of Hormuz traffic returning to normal by August 31 at 18.5% YES.
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nbcnews.com
Oil jumps 5% after Trump reimposes Iran blockade
Trump says the U.S. “will be reimbursed” for helping ships through the Strait of Hormuz. The international oil benchmark, Brent, surpassed $80 per barrel.
