Trump: Nations Must Pay US for Strait of Hormuz Defense
The Strait carries roughly a fifth of global oil flows, so any new defense-bill framing out of Washington is a direct read on supply risk and the inflation path.
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The Strait carries roughly a fifth of global oil flows, so any new defense-bill framing out of Washington is a direct read on supply risk and the inflation path.
Iran has announced a full shutdown of the Strait of Hormuz following US military strikes, in a move that threatens to…