U.S. Strait of Hormuz blockade cripples Iran's economy, risks energy price spike
A U.S. naval blockade on the Strait of Hormuz has effectively halted trade through Iran's ports, severing an estimated 90 percent of the country's economic activity as the Trump administration pressures Tehran to return to nuclear negotiations. Military officials warn the blockade, while squeezing Iran, also threatens to drive up global energy prices.
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