Iran's closure of the Strait of Hormuz, reported at 18:15 UTC, directly threatens global oil supply. The Strait carries approximately 20% of the world's oil trade, and a closure could trigger a price surge. This event, occurring just 22 minutes after reports of Israel preparing for military action, significantly increases energy market volatility. Analysts predict a potential Brent crude oil price increase of 3-5% in the short term.

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