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What is the Strait of Hormuz - and why does it matter to global trade?

Sky News Daily

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Navigating Economic Turmoil Amid Naval Tensions

This chapter explores the ramifications of a possible naval conflict in the Persian Gulf, particularly focusing on the impact of a blockade in the Strait of Hormuz. It highlights economic repercussions, market fragility, and the careful strategies employed by involved parties to prevent escalation.

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