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US Naval Blockade
- The United States has initiated a naval blockade of Iranian ports in the Strait of Hormuz to pressure Iran economically.
- Treasury Secretary Scott Bessent described the blockade as a strategy to inflict economic pain.
- Experts warn the blockade targets Iranian oil exports and risks diplomatic fallout with allies such as China and the United Arab Emirates.
- The situation could trigger global repercussions, including inflation and supply chain disruptions.
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