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Iran and US Stance Solidify as Tehran Controls Strait of Hormuz
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Iran, US Harden Positions Amid Strait of Hormuz Standoff; Diplomacy Falters
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News18
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26-03-2026, 12:45
Iran, US Harden Positions Amid Strait of Hormuz Standoff; Diplomacy Falters
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Iran formalizes control over the Strait of Hormuz, implementing a 'de facto toll booth' regime for ships.
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US deploys combat forces, including 2,500 Marines and 1,000 paratroopers, to the Mideast region.
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Industry experts report some ships pay in Chinese yuan to pass through the Strait, crucial for 20% of global oil/gas trade.
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US Navy Adm. Brad Cooper claims 92% of Iran's largest ships and two-thirds of its missile/drone facilities destroyed.
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Diplomacy falters as Iran denies talks despite US ceasefire proposals; oil prices surge due to Strait control.
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