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Iran Strikes US Forces in Key Oil Route Threatening Global Crude Supply

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A retaliatory strike by Iranian forces against US military positions near vital Middle Eastern oil shipping routes has heightened global crude supply risks.

The confrontation in the Strait of Hormuz, through which approximately 20 percent of the world's daily oil consumption passes, carries immediate consequences for the global energy market.

The exact nature and scale of the Iranian retaliation remain tightly guarded by the Pentagon, though defence officials confirmed the deployment of an additional US aircraft carrier strike group to bolster regional security.

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