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Trump Blocks Iran
- U.S. President Donald Trump announced on July 13, 2026 that the United States will reinstate a blockade of Iranian ports and impose a 20 % fee on cargo in the Strait of Hormuz.
- The International Maritime Organization said tolls lack legal basis while Iran’s Revolutionary Guard warned it will resist, firing warning shots.
- Brent crude rose to $83 a barrel as the June interim peace agreement entered a crisis.
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