Published: June 22, 2025
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MAJOR news from Iran: Iran's parliament officially approves CLOSING the Strait of Hormuz for the first time since 1972. If approved by Iran's top security body, shipments of 20+ MILLION barrels of oil PER DAY will be impacted. What's next? Let us explain. (a thread)

Image in tweet by The Kobeissi Letter

@KobeissiLetter So if inflation climbs 5% the fed wont be looking to cut rates like Trump wants.

@xrprospector111 This would result in rate HIKES, cuts would no longer be a discussion.

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