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Tensions Rise in the Gulf: Iran's New Shipping Corridor Through the Strait of Hormuz

Iran is on the brink of declaring a new restricted zone in the Gulf affecting shipping routes through the crucial Strait of Hormuz as recent military exchanges with the US have sent oil prices soaring The new zone aligns with areas affected by the US blockade of Iran according to Mohsen Rezaei secretary of Irans Supreme National Security Council

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