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Trump: US can end Iran war; tanker crosses Hormuz

By Straits Times Asia · 2026-05-13
Trump: US can end Iran war; tanker crosses Hormuz

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Why it matters: Oil shippers gain a new route as Chinese tankers move through Hormuz, while Iran secures revenue and leverage; the US faces higher costs and must confront Tehran’s entrenched control of a key oil corridor.

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