Published on: 04/26/2026
This news was posted by Oregon Today News
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Both the United States and Iran are asserting control over the Strait of Hormuz, a key shipping lane between the Persian Gulf and the Arabian Sea. The U.S. Navy is blockading its ports, while Iran is letting some ships pass close to its shore. The bottleneck of oil exports from Gulf countries is keeping prices above $100 a barrel.
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