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The statements reveal that the conflict with Iran in the Strait of Hormuz is heading toward a different phase in the coming months, as Iranian control over the waterway diminishes and maritime traffic improves, reaching over half of its pre-war levels. However, recent data indicates that current vessel movement ranges between 10% and 25% of pre-war levels. Additionally, the American side is focused on dismantling Iran's nuclear program and undermining its military capabilities, with expectations that the outcome of the conflict will depend on Trump's willingness to escalate tensions or to negotiate. This will, in turn, impact oil prices and trade activity.
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