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Source: [Hacker News](https://www.disruptionbanking.com/2026/07/14/strait-of-hormuz-tensions-weigh-on-chinese-stocks-as-oil-surges/)
Trump's declaration that the U. S. will control the Strait of Hormuz and charge fees on cargo has sparked a second day of oil price rises.
Developing story — details emerging. Check the source link for the latest updates.
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