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US Economy Could Be In Dire Straits As Hormuz Slams Shut — IJR News

US Economy Could Be In Dire Straits As Hormuz Slams Shut

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US Economy Could Be In Dire Straits As Hormuz Slams Shut

1 source·Updated Jul 2, 2026

Pain at the pump is here, and it could be here to stay. Brent crude, the oil blend that sets worldwide prices, has jumped 24% to over $90 a barrel since Operation Epic Fury began. The highest Brent price of Trump’s…

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Last updatedJul 2, 2026

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Independent Journal ReviewOtherUS Economy Could Be In Dire Straits As Hormuz Slams Shut

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