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Strait of Hormuz in Crosshairs: Iran Threatens Oil Flow as JPMorgan Warns of $130 Crude

(TJV NEWS) Global oil markets are bracing for severe disruption as tensions escalate around the Strait of Hormuz, a vital chokepoint that handles roughly one-fifth of the world’s oil supply. JPMorgan’s projection of Brent crude prices soaring into triple digits—potentially reaching $120–$130 per barrel—now appears increasingly plausible amid rising threats to international shipping in the […]