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Oil prices surge 7%: US energy secretary issues warning as gas tops $4 per gallon amid Hormuz tensions
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Oil prices have spiked dramatically as Iran re-imposed a blockade on the vital Strait of Hormuz, sparking global market jitters. Indian tankers faced gunfire, and US forces seized an Iranian vessel, escalating military tensions. Diplomatic efforts are underway in Pakistan, but a ceasefire extension remains uncertain. What's Your Reaction?
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