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Escalation in the Persian Gulf: US blockade against Iran intensifies global crisis
US President Donald Trump (AAP) Credit: SALWAN GEORGES / POOL/EPA
Following the expiration of an ultimatum, the US has imposed a comprehensive naval blockade of Iranian ports in the Strait of Hormuz — and is threatening military force against any ship that disregards it. While Iran is responding with countermeasures and international negotiations have failed, concerns about a further escalation are growing. The effects are already being felt worldwide: rising oil prices, interrupted supply chains and increasing pressure on the global economy.
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