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US Strikes Iran, Blocks Oil Sales, Threatens Ceasefire

📡 Bloomberg Markets Jul 8 · 1 min read ·
Part of composite article US and Iran Trade Strikes Again, Strait of Hormuz Blocked – 20% of Global Oil at Risk View full article →
The United States launched new airstrikes inside Iran and revoked a waiver that let the country sell oil on global markets. These actions further endanger a ceasefire agreement. The escalation follows a series of attacks on ships in the Strait of Hormuz.