The reaction of global markets also underscores how the world of trade has fundamentally changed. Only 7% of U.S. crude imports travel through the Strait of Hormuz. Europe, which shifted its energy supply after Russia invaded Ukraine, gets a little less than 10% of its gas through the passage. Almost half of China’s imports come through there, which explains why Beijing is worried though unlikely to get involved.
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Some of these people correctly predicted their shares would become "worthless".
Colorado quarterback Dominiq Ponder died early Sunday morning in a single-car crash in Boulder County, police said. He was 23.
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