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IRGC Seizes Ships
- The U.S. naval blockade of Iranian ports has lifted global oil prices above $100 a barrel, straining consumers worldwide.
- Iran’s Islamic Revolutionary Guard Corps seized two cargo ships in Strait of Hormuz and opened fire on a third vessel.
- President Donald Trump announced an indefinite cease-fire yet kept the naval blockade of Iranian ports.
- Analysts warned blockades and mines could keep the strait closed for months, risking food-security impacts.
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