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Event Brief

U.S.-Iran War Triggers Historic Oil Supply Disruption

The U.S. war against Iran has caused the largest oil supply disruption in history, affecting 20% of global supply.
WHO: U.S.
WHAT: war against Iran causing oil supply disruption
WHEN: Mar 9, 2026 at 11:35 AM ET
WHERE: Strait of Hormuz
WHY: Closure of the Strait of Hormuz has halted tanker traffic, leading to a surge in crude prices.
Sources (1): CNBC Top News

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