The US military has escorted 40 oil vessels through the strategic Strait of Hormuz while simultaneously launching strikes on nearly 60 Iranian military targets. This operation marks a significant escalation in the ongoing US-Iran conflict, which has seen repeated engagements in the region. The Strait of Hormuz, a vital maritime chokepoint, has been a focal point of tensions, with military actions from both nations threatening regional stability. Prediction markets currently price the likelihood of a US invasion of Iran at 15.5 percent.
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