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How Iran Conflict Is Disrupting Strait of Hormuz

Iran's closure of the Strait of Hormuz halted about 20 million barrels of daily oil flow and triggered a 10% rise in global crude prices, analysts say.

Summary by Bloomberg
Maritime traffic through the Strait of Hormuz has almost completely stopped in the days since the US and Israel launched strikes against Iran.

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Bloomberg broke the news in United States on Wednesday, March 4, 2026.
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