Geopolitical tensions threaten global energy markets as Trump calls for allied naval presence in Strait of Hormuz. Iran vows retaliation following airstrikes, creating significant disruption to oil and gas shipping through this critical waterway. The conflict has already killed over 2,000 people and caused the largest-ever disruption in oil supply, driving energy prices higher globally. Oil-loading operations have suspended in key UAE facilities after drone attacks, while Iran designates U.S. facilities as legitimate targets. Diplomatic negotiations remain stalled as both sides entrench positions. Markets face sustained volatility from Middle East instability affecting energy prices and global economic growth.
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