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US’ defeat in Iran confirmed? IMF’s shock revelation as Trump prepares for war after talks fail
Updated on Apr 13, 2026 08:59 pm IST
The IMF now warns the Strait of Hormuz may never return to its pre‑war normal, calling the fallout from Trump’s Iran conflict a “large, global and asymmetric” supply shock. With Ras Laffan LNG offline for years, oil spiking and talk of a US naval blockade, critics say Washington and Israel risk triggering an even deeper crisis.
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