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Story summary
- President Donald Trump has refused Iran’s offer to reopen the Strait of Hormuz and kept a naval blockade to force a nuclear-deal.
- U.S. Central Command is planning a short, powerful wave of strikes on Iranian targets while the blockade cut commercial traffic to 154 vessels in March.
- U.S. officials estimate the war has cost $25 billion, say Iran’s economy may survive only weeks, and note rising domestic political pressure on Trump.
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