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US Strikes Iran Despite Tehran Threatening Full-Scale War, Oil Prices Surge

CoinGape·July 18, 2026·1 min read

US forces launched fresh military strikes against Iran despite Tehran's threat of a full-scale war in the Middle East. The ongoing conflict has blocked Strait of Hormuz traffic, causing oil and energy prices to surge. The geopolitical tensions escalated on Saturday as retaliation continued between the two nations.

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