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U.S. Declares Hormuz Blockade | Durham News

The U.S.-Iran ceasefire is officially shattered as Trump declares a naval blockade of the Strait of Hormuz, imposing a 20% cargo toll on ships — a move that’s sent oil prices soaring and sparked global market turmoil. While the U.S. dubs itself “The Guardian of the Strait,” Iran’s foreign minister cheekily suggests they should be the ones collecting the fee, calling the U.S. rate too steep. With Brent crude up nearly 8%, the economic ripple effects are already hitting fuel prices and inflation concerns — turning a geopolitical standoff into a global economic headache. Listen in comfort:Get a…

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