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100CONFLICT

US and Iran exchange direct military strikes in Persian Gulf, sending Brent crude oil above $100

⚡ Markets: Direct military conflict in the Strait of Hormuz creates significant supply risk for global oil and LNG. Bullish for crude oil (Brent, WTI), energy stocks, and defense contractors. Negative for global equities and bonds due to inflation fears and risk-off sentiment.BrentWTIXLESPX

The U.S. military struck five Iranian oil tankers, citing prior attacks on a Navy warship. Iran's IRGC retaliated by striking multiple commercial vessels, two U.S. destroyers, and a U.S. base in Jordan. The escalation in the Strait of Hormuz, a critical oil chokepoint, pushed Brent crude prices above $100 per barrel for the first time since July, fueling global inflation and financial market concerns.

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