GeopoliticsJuly 16 at 06:40 PM

US Defense Secretary Hegseth says Iran does not control the Strait of Hormuz

StockNow breaking-news AI analysis

Defense Secretary Hegseth asserts Iran lacks control of the Strait of Hormuz amid U.S. airstrikes. Consequently, oil flows have plummeted, driving Brent prices up 8% to over $84.

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