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The Middle Ground Mic

Iran votes to close Strait of Hormuz due to the bombing by the US, this will hurt our middle class terribly.

5 min • 22 juni 2025

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Hello everyone,


Iran has voted to close the Strait of Hormuz a vital shipping lane for oil supplies, this will drive up oil futures which will hurt the middle class and poor in America significantly if it does. Inflation has been cooling, this action could reignite a new round of inflation. I pray that it does not.


Thank you,

Joe



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