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Wednesday, 4 November 2026
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Iran is betting on Hormuz; President Trump is raising the price

Iran is betting on Hormuz; President Trump is raising the price
Image: Arab News

Tehran believes the Strait of Hormuz is its strongest weapon in this war. The US is making it increasingly expensive to use. Iran says it struck two American vessels and eight oil tankers in the Gulf this week. The US says the claim that Iran hit American warships is false, and separate reports of merchant ships being struck do not…

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