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Tensions Rising on Strait of Hormuz After US Attacks on Strategic Island

Bloomberg Africa · Pan-African energy Sentiment: -0.85 (very_negative) · 14/03/2026
Live reports from "Bloomberg This Weekend" from the United Arab Emirates and Israel as ship traffic stalls at the Strait of Hormuz. Overnight the Trump Administration bombed the strategic Kharg Island, which handles roughly 90% of Iran's oil production. (Source: Bloomberg)

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