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Commodities

US Forces Strike Iran's Rocket Launchers in Strait of Hormuz

Guavy AI Editorial Team
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Oil
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Crude oil futures surged over 3% in pre-market trading on Monday as tensions in the Middle East escalated.

The increase followed a US military action against Iranian rocket launchers in the Strait of Hormuz, marking their first military operation in the region in a month.

According to reports from the US Central Command, the Iranian launchers were deployed on Larak Island in the strait and targeted by US forces.

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