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Hormuz raises war costs as Pakistan mediates
The article discusses the escalation of tensions between Iran and the United States over the Strait of Hormuz, where attacks on commercial ships have increased, leading to a halt in navigation. Iran has called for the opening of the strait in exchange for lifting the blockade and sanctions. Iran proposed a plan to facilitate the reopening of the strait after six days of negotiations, provided Washington accepts the conditions, which include easing sanctions and returning frozen assets. However, Trump rejected the proposal and warned that the military threat is growing. Disagreements have also intensified regarding Iran’s nuclear enrichment levels, with the U.S. demanding a reduction in its capacity, while Iran insists on not relinquishing its stockpile of enriched uranium. This escalation poses a significant threat to regional security and global energy markets.
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