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Iran has failed to shut the Strait of Hormuz, as a system led by the UAE and its neighbors successfully shuttles oil out of the Persian Gulf through the Oman Lane, bypassing Iranian control. The "Hormuz Shuttle" now involves around 116 vessels from several countries, and its scale is increasing, undermining Iran’s efforts to block the strait. As a result, global oil prices remain high, and Iran’s economy continues to be severely impacted by U.S. sanctions and regional efforts to limit its influence.
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