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The U.S. announced new strikes on Iran after President Trump reinstated a Strait of Hormuz blockade and proposed charging ships a 20% toll for safe passage. Iran's Foreign Minister Araghchi mocked the reversal, asserting Iran controls the strait and would charge fair fees. Brent crude rose 7.8% to $81.92.
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Summary by ByteBrief
Trump warns Iran U.S. preparing for more strikes