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Trump reports 19M barrels through Strait
U.S. President Donald Trump announced that 19 million barrels of oil flowed through the Strait of Hormuz, an unprecedented record high, following the signing of an agreement with Iran and the lifting of sanctions against it. This development led to a drop in oil prices and increased global security. He stated that continuing the war against Iran would have resulted in an economic catastrophe, while the United States issued a 60-day waiver permitting Iran to produce and sell oil in dollars.
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