SMH
·general
·2 hours ago
Australian sharemarket braces for volatility amid Strait of Hormuz tensions
The Australian sharemarket is set for a volatile start as tensions rise over the closure of the Strait of Hormuz. The Iranian Revolutionary Guards Corps announced ships will be blocked from passing through the strategic waterway, citing a US blockade on Iranian ports. This uncertainty threatens to impact oil prices and trading.
Summary by Glance · SMH
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