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News & analysis tagged Global Oil Market — diplomacy, politics, and global affairs coverage from Model Diplomat.

The US-Iran conflict is intensifying as a fragile ceasefire nears collapse, with a Pentagon briefing spotlighting Hormuz tensions and rising oil market risks.
2026-04-24
The US seizure of the Iranian ship Touska highlights a shift in control over the Strait of Hormuz, favoring Iran's strategic position.
2026-04-20