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US Allies Cast Doubt on Trump’s Claim Hormuz Has Been Demined
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesSanctions & Export Controls
US allies privately warn the Strait of Hormuz is still likely to be mined, contradicting President Trump’s claim that the US Navy has fully removed and detonated Iran’s explosives. The renewed uncertainty around freedom of navigation in a key chokepoint raises escalation and risk-premium concerns that can spill into energy prices.
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