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Kazem Gharibabadi

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US‑Iran Hormuz standoff deepens, oil rises

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Latest: Oman proposes Malacca‑style voluntary fee plan for Strait of Hormuz, Iran rejects

After a 13‑day escalation in July 2026, U.S. forces halted nightly airstrikes on Iranian naval and command sites in the Hormuz corridor, and President Donald Trump announced a pause while “good talks” with Tehran continu