Silver Price Forecast: XAG/USD slides below $73.00 as Fed cuts bets fade on oil surge
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US announced it would begin blockading all ships entering or leaving the Strait of Hormuz after US–Iran peace talks collapsed; US Central Command said forces would start blockading all maritime traffic to and from Iranian ports at 10 AM ET (14:00 GMT) Monday Perigon signal context: impact negative, driver geopolitical.