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Iran Hikes Gas Prices Amid Tensions with US

Strait of Tensions: Iran's Maritime Gambit The Iranian government has announced plans to establish a maritime exclusion zone outside the Strait of Hormuz, effectively daring the US Navy to challenge its authority.

This move is the latest development in an escalating standoff between Iran and the United States that began in May.

Iran has been under pressure from ongoing US sanctions, which have exacerbated the country's economic woes.

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