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Keyword: imf world economic outlook

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strait-of-hormuz-crisis-2026

2026-05-07 00:13 • Energy

Strait of Hormuz Shock: 2026 Conflict Reshapes Global Energy & Defense Economics

Daily summary

Today's news is dominated by the Strait of Hormuz oil crisis, the largest supply shock in history, with Brent crude surging past $100. The U.S. launched FORGE and Project Vault to break China's rare earth monopoly. The digital yuan became...

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