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Iran Keeps Hormuz Closed as US-Iran Ceasefire Stalls

By BBC World · Summarized & edited by · 2026-06-01
Iran Keeps Hormuz Closed as US-Iran Ceasefire Stalls

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Why it matters: Iran’s hold on Hormuz keeps global oil supply down ~20%, raising fuel costs for consumers worldwide while limiting US leverage in negotiations; Trump faces domestic pressure to reopen the waterway.

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