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Event Brief

Oil could hit $150 as Hormuz disruptions raise fears

Disruptions in the Strait of Hormuz amid conflict raise global oil prices, sparking stagflation concerns.
WHO: Middle East conflict
WHAT: Disruptions to shipping through the Strait of Hormuz
WHEN: Mar 10, 2026 at 11:24 PM ET
WHERE: Strait of Hormuz
WHY: Prolonged Middle East conflict affecting oil supply
Sources (1): UPI

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