Insurance spikes, tanker collisions, and Red Sea detours reveal how regional conflict translates into real costs for a world still reeling from inflation The sudden outbreak of the Israel–Iran war has thrown global oil markets into uncertainty by destabilizing the world’s two most critical shipping chokepoints. Tehran’s strategic messaging , including heightened military readiness around the Strait of Hormuz, has already impacted global trading patterns. In recent days, maritime advisories have

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