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Strait of Hormuz Crisis Escalates | Global News
Description
Trump’s pivot from charging countries 20% for Hormuz passage to demanding massive U.S. trade deals has ignited fresh regional warfare — U.S. strikes on Iran’s coastal defenses followed by Iranian retaliatory attacks on oil tankers and Gulf allies have shattered fragile ceasefire talks, forcing airlines to reroute and global markets to brace for chaos as mediators race to avert full-scale escalation.
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