Tehran signals retaliation while global powers race to reopen Hormuz and prevent a deeper energy crisis
Iran War
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Unclaimed attacks near Salalah disrupt trade routes and raise fears of wider Gulf escalation
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Tehran seeks control of a vital oil chokepoint, reshaping global trade and energy markets
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Futures & Commodities
Saudi Oil Reroutes as Hormuz Crisis Shakes Global Supply
by Daphne Dougnby Daphne DougnRiyadh pushes 7M bpd through Red Sea pipeline as Middle East conflict disrupts 20% of global energy flows
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Regional powers push diplomacy as energy routes and global markets face mounting risk
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Investors no longer react to headlines as oil shock and policy uncertainty override political signaling.
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POLITICS
Houthis Strike Israel, Opening Second Front in Global Trade War
by Daphne Dougnby Daphne DougnMissile attack raises risk of Red Sea disruption, compounding Hormuz crisis and threatening global energy flows.
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Rare agreement offers relief for Asian energy flows—but highlights fragmented control of global oil chokepoint.
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From Abu Musa to Larak, Iran’s “unsinkable carriers” may determine control of the world’s most critical energy chokepoint.
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Billionaire’s surprise role in high-level talks highlights Big Tech’s growing influence in geopolitics and energy security.