Recent reports indicate a heightened risk of disruption to global oil supplies as tensions between the US and Iran intensify. Iran's fast-attack boats are specifically cited as a threat to oil transit, while US officials warn of potential instability. This situation follows Trump's warning about a possible end to the US-Iran ceasefire, further elevating geopolitical risk in the region. The Strait of Hormuz is a critical chokepoint for global oil trade.

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