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Markets shudder as Strait of Hormuz starts resembling a combat zone. ‘We’re prepared to subject you to disabling fire’

Posted on April 19, 2026
By Fortune
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1 min read

Markets shudder as Strait of Hormuz starts resembling a combat zone. ‘We’re prepared to subject you to disabling fire’

Tensions in the Gulf escalated Sunday, when the U.S. Navy seized a ship for the first time as part of its blockade, with a destroyer firing at a blockade runner.