Iran's Warning Keeps Hormuz Shipping in Uncertain Limbo

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Source: BBC
Iran's Warning Keeps Hormuz Shipping in Uncertain Limbo
Photo: BBC
TL;DR Summary

Iran warned that vessels crossing the Strait of Hormuz without permission will be targeted, complicating a two‑week ceasefire meant to guarantee safe passage; only a few ships have crossed and about 800 remain stuck, as analysts warn it will take time to clarify tolls, sanctions, and safety amid possible mine risks, even as oil prices initially fell on the news.

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