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1 day agoIran fires on 3 ships in Strait of Hormuz amid supposedly indefinite cease-fire | Fortune
Iran seized two ships in the Strait of Hormuz, escalating tensions amid U.S. sanctions and a ceasefire extension.
Currently, the Strait of Hormuz is under the complete control of the Islamic Republic's Navy, IRGC Navy official Mohammad Akbarzadeh said on Wednesday in a statement carried by Iran's Fars news agency. About a fifth of the world's oil is shipped through the all-important narrow passage of water.