Iran’s attacks keep Strait of Hormuz in lethal stalemate

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Iran’s continued attacks on the Strait of Hormuz have maintained a military deadlock with the United States and allied Gulf states. The strategic waterway, through which a significant portion of global oil traffic passes, is experiencing major disruptions to commercial shipping. Financial markets now anticipate a decline in the likelihood of a U.S.-Iran agreement regarding this maritime passage by September 15. This situation keeps regional energy markets under elevated tensions.

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