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Pentagon not close to reopening Hormuz
Senior US military officials on Friday declined to provide a timeline for reopening the strait of Hormuz or explain how the Pentagon will accomplish the task. Only a handful of oil tankers have passed through the strait since the US-Israel war against Iran and Tehran's retaliatory attacks began on 28 February. About 25pc of globally traded crude volumes and 20pc of LNG supply is unable to leave the Mideast Gulf. "We want to make sure that we do the work pursuant to our current military objectives" before undertaking President Donald Trump's offer of escorting commercial ships through the strait of Hormuz, Joint ... (full story)
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