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Iran Closes Strait of Hormuz Again — Ceasefire Already Under Pressure

In a major escalation, Iran has closed the Strait of Hormuz again, just hours after agreeing to a temporary ceasefire with the United States.

The closure reportedly comes in response to Israeli airstrikes on Lebanon, which Iran considers a violation of the broader regional de-escalation efforts.

What’s Happening Now

Shipping through the strait has been halted or heavily restricted

Iran warned that unauthorized ships could be targeted

Only limited, military-controlled passage may be allowed

Global shipping companies remain cautious despite ceasefire signals

Why This Matters

The Strait handles ~20% of global oil supply$BNB $XRP #EthereumFoundationETHSaleForOperations #freedomofmoney