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Iran is adopting new tactics to target ships in the Strait of Hormuz and beyond, with the aim of keeping oil prices high and influencing the upcoming U.S. elections. Iran is employing unprecedented offensive methods, such as unarmed observers on small boats, expanding the scope of its operations to include the Gulf of Oman and waters surrounding Qatari and Emirati coasts, with threats to completely block the strait. The campaign involves monthly financial costs of up to three billion dollars and seeks to disrupt U.S. and global maritime movements, as the risks to commercial shipping in the region continue to increase.
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