Iran states Strait of Hormuz will remain closed to US ships

A member of Iran’s Expediency Council announced that the Strait of Hormuz will remain closed to U.S. ships, urging their withdrawal from the Gulf. This comes amid stalled shipping in the vital waterway, which typically facilitates about one-fifth of global oil supplies, following U.S.-Israeli strikes on Iran on February 28. The ongoing tensions highlight the strategic significance of the Strait in global oil transportation.

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