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flag Global markets react to US-Iran tensions ahead of a deadline to reopen the Strait of Hormuz.

flag Global markets are reacting to heightened tensions between the U.S. and Iran, with investors bracing for President Trump's deadline to reopen the Strait of Hormuz. flag Fears of military action and the potential closure of the vital oil shipping route have driven oil prices above $100 a barrel, fueling inflation concerns and shifting expectations for Federal Reserve rate cuts to late 2027.

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