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Event Brief

Closure of Strait of Hormuz Impacts Gas and Oil

The ongoing closure of the Strait of Hormuz disrupts gas and oil movement, raising concerns over supply chains.
WHO: Trump
WHAT: Closure of the Strait of Hormuz
WHEN: Mar 18, 2026 at 1:00 AM ET
WHERE: Strait of Hormuz
WHY: To address the impact on gas and oil movement
Sources (1): Financial Times

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