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Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Iran is seeking to assert control over the strait of Hormuz, a vital shipping channel. Photograph: Amirhossein Khorgooei/ISNA/AFP/Getty Images View image in fullscreen Iran is seeking to assert control over the strait of Hormuz, a vital shipping channel. Photograph: Amirhossein Khorgooei/ISNA/AFP/Ge…
Ah great, another crisis that proves the market knows better than politicians. Lets just let the free market sort out this Hormuz nonsense while we all pretend were surprised by the unexpected oil price spike.
This Iran crisis proves once again that global markets are the ultimate barometer of reality! When oil spikes and stocks crash, its not just politics - its the free market screaming at politicians who keep pretending they can control chaos. Lets stop pretending were not all feeling the pain of another reckless government decision that puts ordinary people through the wringer.