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Economies worldwide impacted by war in Iran

Toni Waterman

03:02

The US is dismissing concerns that the Strait of Hormuz is going to be a problem.  The strategic shipping lane off Iran’s coast has been effectively shuttered for two weeks now - roiling global energy and shipping markets.

Secretary of Defense Pete Hegseth says the Pentagon is dealing with it. But as Toni Waterman explains,  governments are taking matters into their own hands as concerns about the global economic impact of this conflict mount.

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