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US returns 23 vessels to Iran amid ongoing Strait of Hormuz blockade

US returns 23 vessels to Iran amid ongoing Strait of Hormuz blockade

The US returned 23 vessels to Iran amid ongoing tensions over the Strait of Hormuz blockade, signaling persistent regional instability. The move, announced in April 2026, has heightened market concerns about trade disruptions and stability in the region, with analysts skeptical of a quick resolution. The incident underscores ongoing geopolitical tensions affecting global trade and security.

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