US warns Iran it will step up economic pressure; two more ships attacked in Hormuz
· economictimes.indiatimes.com
Ship traffic in the Strait of Hormuz slowed significantly after two vessels were attacked. The United States stated it can maintain a naval blockade of Iran indefinitely. Iran has resumed attacks on ships it accuses of unauthorized transit. The US plans further economic measures against Iran in the coming week. Global economists warn of a sharp drop in global growth if the war continues.
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