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Strait of Hormuz Crisis Escalates | Salt Lake City News
A deadly ship attack in the Strait of Hormuz has sparked global alarm as tensions escalate — this is the eighth such incident this month, crippling one of the world’s busiest shipping lanes. With oil prices surging and fears of conflict spilling into the Red Sea, traders are bracing for disruption. Iran and Oman edge closer to a joint management deal, while Iran insists the strait won’t reopen until U.S. sanctions are lifted — a stance Trump dismisses, claiming full control and even hinting at U.S. sovereignty over the waterway, a claim Iran calls delusional. The standoff threatens global…
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