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CENTCOM details targets hit during Iran military campaign | Trending News |,NewsX World

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878 views13likes27:10newsxworldliveOriginal Release: 2026-07-21

Control of strategic waterways like the Strait of Hormuz, which carries nearly 20% of the world's daily oil supply, is a critical factor in global energy security and economic stability. When military operations disrupt these chokepoints, it can trigger significant economic consequences including higher energy prices, demand destruction, and potential recession, demonstrating how geopolitical conflicts in key maritime routes can have far-reaching global economic impacts.