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The article analyzes how Iran's missile activities near the Gulf have heightened geopolitical tensions, increasing risks of regional conflict. This escalation could disrupt oil supplies from the Gulf, a critical global energy hub, pushing up crude prices. The situation also strengthens political and military backing for the US-Israel alliance, potentially leading to broader Middle East instability. Markets are bracing for volatility in commodities and US equities as investors assess war risks and energy security concerns.
