US strikes Iranian mine-laying boats as Hormuz oil-route risk peaks

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Source: The Guardian
US strikes Iranian mine-laying boats as Hormuz oil-route risk peaks
Photo: The Guardian
TL;DR Summary

The U.S. says it destroyed 16 Iranian mine-laying boats near the Strait of Hormuz amid reports Iran laid mines to disrupt traffic; with about a fifth of global oil passing through the strait, oil markets have been volatile as strikes continue, ships reroute, and energy officials weigh record reserve releases to stabilize prices.

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