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Strait of Hormuz: ship hit by missile, Trump hints at "decapitation" — oil rises modestly
An unidentified missile struck a merchant vessel in the Strait of Hormuz as Trump simultaneously spoke of a possible "decapitation" strike and a "near deal" with Iran. Tehran insists it is only in talks with Oman, not the US. Oil markets responded on Tuesday with modest gains despite the high level of information volatility.
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