Escalating Middle East tensions drive crude oil markets above $90 per barrel as Iran threatens to completely blockade the strategic Strait of Hormuz. Following nine consecutive nights of American military operations, Iranian forces targeted commercial shipping vessels in one of the world's most critical energy transit routes. The geopolitical standoff intensifies supply concerns, with potential implications for global energy security and economic stability. International markets respond to the heightened risk of disruption in petroleum flows through this vital waterway.

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