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financeMEDIUMIR2026-04-28 10:00 UTC

Trump’s Strait of Hormuz blockade hits Iran’s oil trade

A US naval blockade cuts off Iran’s main source of hard currency by halting most of its oil exports. Will President Trump’s pressure force Tehran back to negotiations or widen the conflict? How will Trump’s blockade of Iranian oil work? After US-Iran peace talks in Pakistan collapsed at the weekend,

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