US Central Command forces launch powerful strikes against Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz, causing crude oil prices to surge.
U.S. Central Command announces powerful strikes against Iran in response to attacks on commercial shipping in the Strait of Hormuz, as reported by FOX Business. The military action causes crude oil prices to surge over 5%, reaching $74.64 a barrel. Host Stuart Varney discusses the geopolitical implications and immediate market reactions, sparking new inflation concerns.
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