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GeopoliticsIMPORTANT

IRGC says two tankers were hit near the Strait of Hormuz, and that the Strait of Hormuz is closed, while it also says US radar and defence systems in Bahrain were destroyed

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IRGC claims Strait closure and attacks on U.S. Bahraini assets. Tankers hit amid U.S. counter-airstrikes. Oil prices rose to $90/bbl as Hormuz shipping volume fell to record lows.

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