New clashes over control of Strait of Hormuz put investors in ‘risk-off’ mode
Oil jumps and global stocks fall
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24/08/2026
- Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
- Iran threatens 46 ships in Strait of Hormuz transit crackdown
- Hedge fund Saba takes on Baillie Gifford in new board battle
- ‘They asked too much’: Canadian dollar slides as Ottawa and Washington head for all-out trade war
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