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The United States and Iran signed a memorandum of understanding on June 14 aimed at regulating the passage of ships through the Strait of Hormuz. However, the agreement faced widespread criticism due to its wording, which many countries interpret as an acknowledgment of Iran’s ongoing influence over the strait, escalating tensions between the two sides. Despite the signing of the agreement, the strait has witnessed an increase in maritime attacks and military tensions, with Iran targeting American and other ships, and responses coming in the form of airstrikes. Disputes also persist over the interpretation of the agreement’s provisions regarding future navigation routes. The rivalry between the United States and Iran for control of the Strait of Hormuz continues, posing significant risks to global shipping and oil supplies.
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