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Second tanker struck in Strait of Hormuz amid escalating global trade crisis

Photo — Julien Goettelmann / Pexels

A second commercial tanker has reportedly been hit in the Strait of Hormuz, hours after another vessel was struck as tensions flare in the strategic waterway. Iran’s Islamic Revolutionary Guard Corps has claimed responsibility for the first attack, while global authorities warn of mounting disruption to energy and trade flows. The World Trade Organization chief has called the situation the worst threat to global trade in decades.