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1 revisions for "Missiles, Mines, and Oil: Inside the U.S.-Iran Firefight That Could Reshape the Global Economy"

#1
Anonymous1 day ago

On May 7, 2026, Iranian forces fired cruise missiles, drones, and small-boat swarms at three U.S. Navy destroyers transiting the Strait of Hormuz, prompting CENTCOM to launch retaliatory strikes on Iranian military facilities in Bandar Abbas and Qeshm. The exchange — occurring during a fragile ceasefire in the broader U.S.-Israel-Iran war that began in late February — has driven oil prices above $100 per barrel and threatens to re-escalate a conflict that has already produced the largest supply disruption in the history of the global oil market.

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