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🚨NEW: STRAIT OF HORMUZ CLOSURE SPARKS HISTORIC OIL SHOCKThe effective closure of the Strait of Hormuz has sparked the worst global energy crisis since the 1970s, according to the The Wall Street Journal (@WSJ).Analysts say the disruption is one of the largest oil supply shocks in modern history.Nearly 20 million barrels of oil per day normally pass through the corridor.The conflict in West Asia has severely disrupted shipments.Traders warn the supply shock could ripple across global economies. ...