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Strait of Hormuz Strait of Hormuz Impact Impact of Conflict on Oil Prices Sanctions Impact on China Supply Chain Supply Chain Disruptions Middle East Oil Geopolitical Impact Geopolitical Risks

Trump Presses Allies to Secure Hormuz as Japan Pledges Economic Support and South Korea Hesitates

Unclear U.S. goals leave partners favoring economic pledges over combat roles.

Germany Rules Out Military Role in Iran Conflict, Sees No Need for Naval Escorts