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    Trump reinstates Iran naval blockade and cargo charge

    1 week ago

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    President Donald Trump announced the reinstatement of a naval blockade on Iran, stating the U.S. would be reimbursed 20% on all cargo shipped through the Strait of Hormuz. This decision follows Iran's claim of closing the waterway, which is crucial for global oil supplies. Tensions have escalated with missile exchanges between U.S. and Iranian forces, impacting energy prices.
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