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Story summary
- U.S. President Donald Trump issued an ultimatum to Iran, threatening military action if the Strait of Hormuz remains blocked.
- Russia and China expressed concern about the blockade and urged negotiations to prevent regional chaos.
- Ship traffic through the Strait of Hormuz is disrupted, with only a few Iran-linked vessels transiting.
- Global LNG exports have declined to a six-month low amid the blockade, signaling energy-market consequences and the need for diplomacy.
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