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AFBytes briefing
Disruptions in the Strait of Hormuz can raise global oil prices that feed directly into U.S. gasoline and diesel costs. Higher energy prices increase household transportation and heating expenses.
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A senior Iranian advisor warned that the Strait of Hormuz could be affected amid ongoing regional tensions. Hezbollah has separately signaled interest in a ceasefire while GM faces unrelated producti…
Iran's Revolutionary Guards reaffirmed control over the Strait of Hormuz and warned that any disruption would be met with a decisive response.
