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Iran
retaliated by launching missiles and drones on its
. Iran's Revolutionary Guards claimed they had struck Israeli and US military
in the Middle East. They warned: "This operation will continue
until the enemy is decisively defeated." There are
this escalation will create turmoil across the
. Much of the world's oil and liquefied
gas travels through the Strait of Hormuz waterway, which Iran could close. This would cause sky-
oil prices and
. Experts warn there could be a major
crisis.