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Story summary
- The U.S. military intensified operations in the Strait of Hormuz by destroying 16 Iranian mine-laying vessels.
- Iran has begun laying mines, threatening to block oil shipments that account for about 20% of global supply.
- U.S. President Donald Trump vows to ensure the 'free flow' of energy.
- Brent crude rose to $119 per barrel.
- Iran's Revolutionary Guard warned of severe consequences for any ships attempting to pass through.
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