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CHARLEBOIS: Iran war and the Strait of Hormuz -- when geopolitics becomes grocery bills
Over the coming months, Canadians will notice gradual but persistent increases across multiple categories
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When officials from the United States and Iran walked away from negotiations in Pakistan over the weekend with no deal on the Strait of Hormuz, markets didn’t wait for clarity. They reacted. The subsequent announcement by United States Central Command of a naval blockade targeting Iranian ports was meant to reassure. Instead, it raised more questions than answers.
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