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Events in the Middle East have escalated dramatically in the past few days. So much so that the fallout from this is likely to affect most of us. Take the simple fact that around 20% of the oil that is sold around the globe usually passes via the strait of Hormuz, via huge tankers. And that this passage is all but shut now due to Iran threatening to attack such tankers. This has fed through to drops in the financial stock markets and will ultimately feed through to the petrol